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Hunter Douglas: Final Results of Offer; No Squeeze-Out

General News
Hunter Douglas Logo - Manufacturer

Bergson Beheer B.V. (the “Offeror”) and Hunter Douglas N.V. (“Hunter Douglas”) jointly announce with respect to the offer in the Offer Memorandum of 6 April 2021 (the “Offer”):

– During the post-acceptance period, 63,516 common shares have been tendered, representing 0.18% of the issued and outstanding common shares and an aggregate value of EUR 5,208,312.

– Settlement of the shares tendered during the post-acceptance period will occur on 24 June 2021, when the tendering shareholders will be paid the Offer price of EUR 82 per share.

– After settlement, the Offeror will hold 30,559,366 common shares, representing 87.84% of the common shares, and 34,242,517 preferred shares, together representing 93.59% of the total capital of Hunter Douglas.

– The Offeror has no present intention to start squeeze-out proceedings (uitkoopprocedure).

About Hunter Douglas

Hunter Douglas is the world market leader in window coverings and a major manufacturer of architectural products. The Company has its Head Office in Rotterdam, the Netherlands, and a Management Office in Lucerne, Switzerland. The Group is comprised of 134 companies with 47 manufacturing and 87 assembly operations in more than 100 countries. The common shares of Hunter Douglas N.V. are traded on Amsterdam’s Euronext and the Frankfurter Börse.

Contact:

Leen Reijtenbagh – Chief Financial Officer – l.reijtenbagh@hdnv.nl – +31 10 486 9582

Source: Hunter Douglas N.V.