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Pon Holdings Increases Stake in Accell Group to 20 Percent

ALMERE, the Netherlands - Pon Holdings announces that on 20 November 2018 it purchased 338,121 ordinary shares in Accell Group N.V. and that it has now purchased a total of over 5.3 million ordinary shares in Accell, representing 20.0 percent of the issued and outstanding share capital. With reaching its earlier announced target for owning one fifth of Accell Pon Holdings withdraws its offer to buy Accell shares for 19 euro.
Pon Holdings has purchased 5.3 million Accell shares, 20 percent of all outstanding shares. Pictured here is Accell’s facility in Hungary. – Photo Bike Europe