Hestya Energy has completed its confirmatory due diligence and intends to file a draft Offer Memorandum with the AFM for approval in the coming weeks

 

Rotterdam, Amsterdam, 6 June 2014 – H.E.S. Beheer N.V. ("HES Beheer") and Hestya Energy B.V. ("Hestya Energy") today jointly announce that Hestya Energy has completed its confirmatory due diligence in respect of HES Beheer and its subsidiaries. Hestya Energy intends to file a draft offer memorandum (the "Offer Memorandum") in connection with the envisaged recommended public cash offer by Hestya Energy for all issued and outstanding ordinary shares in the capital of HES Beheer at an offer price of EUR 43.64 in cash per ordinary share (the "Offer") with the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten, "AFM") in the coming weeks. The offer price of EUR 43.64 is based on the initially announced offer price for EUR 45.00 adjusted for the full amount of stock dividend that was paid in kind by HES Beheer to its shareholders on 28 May 2014, and would be adjusted further if any additional dividends are declared after the date hereof and prior to the settlement of the Offer.

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Further information

The information in this press release is not intended to be complete. For further information explicit reference is made to the Offer Memorandum, which is expected to be published during July 2014. This Offer Memorandum will contain further details regarding the Offer.

 

==> Voor de integrale tekst van het persbericht d.d. 6 juni 2014 (uitsluitend Engelse versie) ga naar "Investor Relations > Persberichten".

 

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