04/07/2017

Mediahuis announces results of Post Closing Acceptance Period of the Offer for TMG

This is a joint press release by Mediahuis NV (‘Mediahuis’), VP Exploitatie N.V. (‘VP Exploitatie’), Gerald BidCo B.V. (the ‘Offeror’) and Telegraaf Media Groep N.V. (‘TMG’), pursuant to the provisions of Article 17, Paragraph 4 of the Decree on Public Takeover Bids (Besluit Openbare Biedingen Wft) (the ‘Decree’) in connection with the public offer by Mediahuis and VP Exploitatie, through Gerald BidCo B.V., for all the issued and outstanding shares and depositary receipts in the capital of TMG. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, Canada or in any other jurisdiction in which such release, publication or distribution would be unlawful. Capitalised terms not defined in this press release will have the meaning attributed to them in the offer memorandum published by the Offeror dated 19 April 2017.

Mediahuis announces results of Post Closing Acceptance Period of the Offer for TMG

Antwerpen, 3 July 2017 – Mediahuis NV (“Mediahuis”) will (through Gerald BidCo B.V.) hold 64.66% of the issued and outstanding (depositary receipts for) shares (the “Shares”) in the capital of Telegraaf Media Groep N.V. (“TMG”) after settlement of the Post Closing Acceptance Period.
Acceptance during Post Closing Acceptance Period Following 17:40 hours CET on 2 July 2017, being the expiry date of the Post Closing Acceptance Period (na-aanmeldingstermijn) of the Offer, 1,518,869 Shares, representing approximately 3.28% of the Shares, and an aggregate value of approximately EUR 9,113,214 (at an Offer Price of EUR 6.00 per Share (cum dividend)), were tendered in the Post Closing Acceptance Period. The Shares tendered in the Post Closing Acceptance Period, together with 28,449,963 Shares already held by Mediahuis (through Gerald BidCo B.V.), represent approximately 64.66% of the Shares.

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