Amsterdam, 8 September 2017 – Geneba Properties N.V. (“Geneba”) announces that after the expiry of the Offer Period today, Frasers Property Investments (Holland) B.V. (“Frasers Property”) holds 99,4% of the depositary receipts (“DR”) in Geneba.

After Frasers Property acquired its existing 86.56% stake in Geneba from Catalyst RE Coöperatief U.A on 5 July 2017, Frasers Property launched the one-time all-cash offer at a price of EUR 3.74 per DR (the “One-Time Offer”) for all remaining DRs on 5 August 2017.The period (the “Offer Period”) during which DR holders could tender their DRs ended today on 8 September 2017 at 17:00 CET. Almost all holders of remaining DRs accepted the One-Time Offer during this Offer Period. Frasers Property holds as of the date of this press release 99,4% of all outstanding DRs in Geneba.

For all DR holders that have accepted the One-Time Offer before 8 September 2017 17:00 CET, the settlement and payment for the DRs will take place on 14 September 2017.


ENDS