• Argan shareholders will vote November 20, 2026, on a cross-border merger under which Warehouses De Pauw would absorb the company.
• The proposed exchange offers three new WDP ordinary shares for each ordinary share retained.
• Shareholders will also vote on an exceptional EUR 11-per-share distribution payable before completion.
• Eligible dissenting shareholders may seek EUR 71.1 per share in cash, reduced to EUR 60.1 following the exceptional distribution.
• Completion is targeted for the first quarter of 2027, subject to shareholder approval and other conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argan SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.