Gotion’s shareholding in Ebusco increases to 10%

Deurne, 8 May 2025 – Ebusco (Euronext: EBUS).

In November 2024 Gotion acquired a 3.3% shareholding in Ebusco and signed an investment agreement. As part of this same investment agreement Ebusco has now issued c. 4.9 million shares to Gotion at the EUR 0.8209 issue price of the November 2024 rights issue, which results in a shareholding of Gotion in Ebusco of c. 10%. In exchange, Ebusco has agreed to pay back certain outstanding accounts payable to Gotion.

Under the investment agreement, Ebusco and Gotion agreed that Gotion has the right to a representative in both Ebusco’s management board and supervisory board. The resolutions to issue shares to Gotion and to appoint Mr. Duan Wei and Mr. Chen Li to the Management and Supervisory Board, respectively, were approved in the EGM on 26 March 2025.

Ebusco welcomes Mr. Duan Wei as Deputy CEO to the Management Board and Mr. Chen Li to the Supervisory Board.