AMSTERDAM, THE NETHERLANDS--(Marketwire - Feb 18, 2013) - LBi International N.V.("LBi" or the "Company") (NYSE EURONEXT Amsterdam: LBI) is announcing that Publicis Groupe Holdings B.V., a wholly owned subsidiary of Publicis Groupe S.A., ("Publicis") has initiated legal proceedings in accordance with articles 2:359c and 2:92a of the Dutch Civil Code to acquire all outstanding shares in LBi by a ruling of the Enterprise Chamber of the Amsterdam Court of Appeal. These proceedings are initiated by Publicis following the acquisition of more than 95% of all issued and outstanding ordinary shares in the Company (the "Shares"). In light of the Company holding 4,162,861 Shares in treasury, it will act as co-plaintiff in these proceedings.
The last trading day will be 6 March 2013. Delisting of the Shares was approved by NYSE Euronext Amsterdam.
The Company is reminding shareholders that following delisting shareholders will no longer be able to trade the Shares via the NYSE Euronext Amsterdam stock exchange in the usual way. Furthermore, it remains uncertain if, to what extent, under which conditions and at what cost processing of the Shares in the Euroclear giro system may be continued after delisting.
This is a press release by LBi International N.V. ("LBi") pursuant to the provision of Article 5:25i of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht).
LBi International N.V. (NYSE Euronext Amsterdam: LBI) is Europe's largest independent marketing and technology agency. We have operations in 16 countries and a staff of approximately 2,100 experts, who blend insight, media, creativity and technical expertise to create value for leading brands. We help companies of all shapes and sizes decide what's next for their business - and then we take them there. We define and execute transformational digital strategies for clients active in a wide variety of businesses.
There are many things that make LBi unique, but if we had to choose one it would be our ability to bring together diverse teams of experts to suit any brief. We call this blending, and it's the reason why all types of organisations - from famous global businesses to disruptive start-ups - choose LBi to help make their brands desirable wherever, whenever and however people choose to engage with them.
For further information, visit www.LBi.com
You can download a pdf of the complete press release here: http://hugin.info/86897/R/1679134/548252.pdf
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Source: LBi International N.V. via Thomson Reuters ONE