. Frasers Property publishes Information Memorandum
Amsterdam, 4 August 2017 – With reference to the press release dated 5 July 2017, Geneba Properties N.V. (“Geneba” or the “Company”) and Frasers Property Investments (Holland) B.V. (“Frasers Property” or the “Offeror”), an indirect wholly-owned subsidiary of Frasers Centrepoint Limited (“Frasers” or “FCL”), announce today that Frasers Property will make a one-time all-cash offer (the “One-Time Offer”) for all remaining issued and outstanding depositary receipts (“DRs”) of Geneba at the price of EUR 3.74 per DR.[1] This is the same price per DR at which Frasers Property recently acquired the 86.56% stake in Geneba from Catalyst RE Coöperatief U.A. (“Catalyst”).

Frasers Property also published an information memorandum (the “Information Memorandum”) today, which outlines further details on the One-Time Offer and can be found on Geneba’s website (www.geneba.com).



More information can also be found in the Q&A section related to the One-Time Offer, which has been made available in Dutch, on Geneba’s website (www.geneba.com).

Dr. Wulf Meinel, CEO of Geneba, said:
“Having welcomed Frasers Property as our new majority shareholder, we are pleased that Frasers Property has formally launched an offer that will deliver value to the holders of free-float DRs. We have been closely involved during the entire process, from exploring strategic alternatives that was announced in December 2016, to deciding on Frasers Property after a competitive process. We believe that Frasers Property’s offer represents the best value for all stakeholders including the free-float DR holders. I would like to extend my gratitude to Geneba shareholders for their faith in us these past years.”

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