Amsterdam, [6] November 2015 - Heineken N.V. has today announced that it is initiating a tender offer ("Offer") to purchase for cash all outstanding ordinary shares of D&G, which are not currently owned by a member of the Heineken group (the "D&G Shares"). This follows the announcement on 7 October 2015 following the acquisition of a further 57.9% shareholding in the company, taking Heineken group's holding to 73.3%.
The Offer will be made via Heineken Sweden AB, an indirect wholly-owned subsidiary of Heineken. The Offer will open on [6] November 2015 and will expire on [22] December 2015 at 5.00 p.m. (Jamaica time) or on such later date to which the Offer is extended. The offer price is US$0.259 for each D&G Share. The offer p
Price is the same price per D&G Share as Heineken paid for the additional 57.9% shareholding on the 7 October 2015.
The offer circular will be available on the website of the Jamaican Stock Exchange.
Important note
This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in D&G or any other security. The offer circular and the terms and conditions contained therein will have sole relevance in respect of the Offer. Investors and shareholders of D&G are advised to read the relevant documents regarding the Offer because they contain important information.