Amsterdam, 1 October 2013 - D.E MASTER BLENDERS 1753 N.V. ("DEMB") announces that, in consultation with Euronext, DEMB`s listing will be terminated on Tuesday 29 October 2013. Monday 28 October 2013 will be the last day of trading of DEMB Shares on Euronext.
As a result of the acquisition of more than 95% of the DEMB Shares by Oak Leaf, Oak Leaf announced that the listing and trading of the Shares on NYSE Euronext Amsterdam ("Euronext") would be terminated as soon as practically possible.
In order to acquire the Shares not already owned, Oak Leaf will commence statutory buy-out proceedings ("uitkoopprocedure") in accordance with the Dutch Civil Code as soon as practically possible.
Reference is made to the press release of Oak Leaf, a newly incorporated company wholly owned by a Joh. A. Benckiser led investor group of 26 September 2013, announcing that approximately 95.27% of the issued and outstanding ordinary shares of DEMB (the "Shares") are held by Oak Leaf.
For more information
|Contact||European Media: Hill+Knowlton Strategies||US Media: Abernathy McGregor Group|
|Sabine Post or Frans van der Grint||Tom Johnson|
|+31 20 404 47 07||+1 212 371-5999|
DEMB is a leading pure-play coffee and tea company that offers an extensive range of high-quality, innovative products through well-known brands such as Douwe Egberts, Senseo, L`OR, Pilão, Merrild, Moccona, Pickwick and Hornimans in both retail and out of home markets. The company holds a number of leading market positions across Europe, Brazil, Australia and Thailand and its products are sold in more than 45 countries. DEMB generated sales of more than EUR 2.7 billion in fiscal year 2012 and employs around 7,500 people worldwide. For more information, please visit www.demasterblenders1753.com.DE MASTER BLENDERS 1753 NV to be delisted from Euronext
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: D.E MASTER BLENDERS 1753 via Thomson Reuters ONE
- Investment & Company Information
- NYSE Euronext