STRABAG SE’s UK growth plans on track: Van Elle shareholders approve takeover offer

STRABAG SE announces that it received the results of the shareholder votes yesterday at the Court Meeting and General Meeting of Van Elle regarding the previously announced Scheme of Arrangement (the “Scheme”). The Scheme has been approved by the required majorities. A majority of Van Elle shareholders representing 99.96% by value of the votes cast voted in favour of the Scheme at the Court Meeting.

The transaction remains subject to the satisfaction of the remaining conditions set out in the Scheme Document and the sanction of the Scheme by the Court at the Scheme Court Hearing scheduled for 11 June 2026. Completion of the transaction is expected on 15 June 2026.

This marks an important milestone in the execution of STRABAG’s previously announced plans to further strengthen its position in the UK market.