Vilmorin announces that its Board of Directors has unanimously issued a favorable recommendation on the simplified public tender offer (OPAS) for its shares, initiated by Limagrain Participations, at a price of 62.60 euros per share.

In his report, the independent expert noted that the offer price represents a premium of 8.1% over the central value obtained by his discounted cash flow approach.

The Board therefore recommends that Vilmorin shareholders tender their shares to the offer which, subject to the AMF's compliance decision, should open at the end of June and close by mid-July.

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