Wessanen starts buyout process on remaining shares Distriborg Groupe

Utrecht, January 7, 2009

Wessanen requests suspension of trading of shares Distriborg Groupe

The Executive Board of Royal Wessanen nv announces that a proposed public offer followed by a mandatory buyout offer on the remaining 6,613 (0.4%) shares of Distriborg Groupe has been filed jointly by its French subsidiaries Wessanen France Holding and Distriborg Groupe for approval by the French Market Authority (“AMF”).

The offer price has been fixed at EUR 157 per Distriborg Groupe’s share. Such price has been judged fair by the Cabinet Ricol, Lasteyrie et AssociĆ©s, acting as independent expert. The Executive Board of Distriborg Groupe has otherwise examined the proposed offer and has considered that the offer price proposed to the minority shareholders is appropriate.

Distriborg Groupe’s shares will be delisted fom Euronext Paris (compartiment B) on the trading day following the last day of the buyout offer, which is expected to take place in the course of the second quarter of 2009.

On September 2, 2008, Wessanen reached an agreement with Laboratoires Lehning to acquire all of their 159,667 shares in Distriborg Groupe, representing 9.92 % of Distriborg’s share capital. On October 17, 2008, it was requested to suspend the trading of the shares of Distriborg Groupe S.A. in anticipation of a public offer for the remaining shares.

Executive Board Royal Wessanen nv
090107_Wessanen_start_uitkoopproces_resterende_aandelen_Distriborg_Groupe.pdf (68 Kb)
090107_Wessanen_starts_process_of_buyout_offer_Distriborg.pdf (67 Kb)

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