Flexdeal Simfe S.A. (ENXTLS:FLEXD) made a voluntary takeover bid to acquire 19% stake in RAIZE - Instituição de Pagamentos, S.A. (ENXTLS:MLRZE) for €0.86 million on October 30, 2020. Flexdeal will acquire 950,000 million shares at €0.9 per share. Acceptance of the offer by its recipients is subject to compliance with the respective legal and regulatory requirements, including those contained in foreign law when the recipients of the offer may be subject to it.

This offer will take place between November 23, 2020 and December 28, 2020. This offer started on December 14, 2020 and runs until December 28, 2020, after having received the green light from the CMVM.