The BOD resolution of TUM is an intention and no transaction has been done. So we do have difficulties to see the regulatory or the TFrs requirement to disclose this intention. There are discussions ongoing with the shareholders, but this is in progress without conclusion, no documents are signed.
Moreover, this is below any materiality threshold for M&A investment disclosure.
We do not intend to disclose this buy out idea unless we can see a regulatory or Tfrs need to do so. I hope this is fine for you.