Balyo announces that at the close of the initial offer period, SoftBank Group Corp will hold 24,327,057 ordinary shares and 6,270 preference shares, representing 71.44% of Balyo's share capital and 71.43% of its voting rights on a non-diluted basis.

Settlement and delivery of the offer will take place on November 3. It will be reopened from November 3 to November 16, under the same terms as the first offer period, to enable holders of securities who have not yet tendered their shares to do so.

The results of the reopened offer are due to be published on November 21, for settlement on November 24. If the required conditions are met, the offeror has announced its intention to implement a squeeze-out procedure.

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