DIA’s Board of Directors supports LetterOne’s tender offer

Today, DIA’s Board of Directors has unanimously expressed its favourable opinion regarding the tender offer presented by the main shareholder, LetterOne, with more than 29% of DIA’s capital.

In the report submitted today to the CNMV (the Spanish stock market authority), DIA’s Board of Directors expressed a favourable opinion on the tender offer, as it understands that, amid the current circumstances, it is the best option for the Group’s shareholders, creditors, employees, franchisees, and suppliers.

Moreover, the Board has expressed its decision to accept the tender offer with the available treasury shares.