Rite Ventures’ share of Lemonsoft’s shares increased by more than 50 percent – a mandatory takeover offer is coming

A software company Lemonsoft’s capital investor of the largest owner Rite Venturesin the proportion of shares has increased by more than 50 percent. The company has bought on Friday 6.3. a total of 355619 shares, as a result of the purchases, the ownership is now 50.56 percent, i.e. 8996117 shares.

The share was 43.48 percent in the list of owners on the Company’s website dated 25.2. According to Rite Ventures’ release, the stake was 47.31 percent before today’s trades.

A total of four large block transactions were made on Lemonsoft’s shares on Thursday and Friday, which accounted for more than 5.6 percent of the company’s shares.

In stock market transactions, the highest price paid for the shares was EUR 4.67 per share.

Rite Ventures is obliged to launch a mandatory public tender offer for all Lemonsoft shares.

In the offer, Rite Ventures offers a cash consideration of EUR 4.67 per share.

The offer price is approximately 0.64 percent lower than the share’s closing price on the Nasdaq First North Growth Market Finland maintained by Nasdaq Helsinki Oy on March 5, 2026, i.e. the last trading day before the obligation to offer arises, and approximately 11.34 percent lower than the volume-weighted average price of Lemonsoft’s shares during the three months before the obligation to offer arises.

Friday 6.3. Lemonsoft’s share price rose by 3.8 percent to 4.88 euros, i.e. 4.5 percent higher than the offer price.

The mandatory purchase offer must be announced within one month of the obligation to offer, i.e. no later than April 7, 2026.

“Rite Ventures has been a long-term and committed owner of Lemonsoft since 2016, supporting its strategy and development over time. Our increased ownership reflects our strong belief in Lemonsoft’s direction, and we are ready to further increase our ownership through a mandatory tender offer. We look forward to developing the company as active owners together with management and other shareholders, and to promoting Lemonsoft’s long-term growth and value creation,” states Christopher Häggblom

Haggblom Wed Bird Cherryn sole shareholder and chairman of the board of Lemonsoft.

Kari Joki-Hollandwhich owns approximately 26.17 percent of Lemonsoft’s shares and voting rights, has irrevocably committed not to accept the offer for the shares it holds.