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Unibail-Rodamco

Unibail-Rodamco

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Publicatie datum 21 jun 2007 - 08:48
Statutaire naam Unibail-Rodamco
Titel SUCCESS OF THE OFFER TO CREATE THE LEADING PAN-EUROPEAN COMMERCIAL PROPERTY COMPANY: 80% of Rodamco Shares tendered to the offer of Unibail
Bericht UNIBAIL DECLARES THE EXCHANGE OFFER FOR ALL OUTSTANDING SHARES OF RODAMCO EUROPE UNCONDITIONAL Remaining Rodamco Shares can be tendered in subsequent acceptance period ending 10 July 2007 Paris, France and Rotterdam, the Netherlands – 21 June 2007 Unibail Holding S.A. ("Unibail") and Rodamco Europe N.V. ("Rodamco") jointly announce that Unibail declares unconditional (gestanddoening) the public exchange offer (the "Exchange Offer") made for all the ordinary shares in the capital of Rodamco with a nominal value of eight euros (EUR 8) ("Rodamco Shares"). 71,378,392 Rodamco shares representing 79.63% of the share capital of Rodamco have been tendered in the Exchange Offer during the acceptance period that ended Wednesday 20 June 2007. The combination between Unibail and Rodamco is therefore unconditional and shall be effective on the date of settlement, being 25 June 2007. “We are pleased with this outcome, which now makes it possible to create the leading pan-European commercial property company. We can conclude a vast majority of our shareholders appreciate the strategic rationale as well as the Exchange Offer made by Unibail", says Rodamco CEO Maarten Hulshoff. Unibail's CEO Guillaume Poitrinal comments: "The support of the investment community for this project is impressive and we are very much looking forward to further build this new combination, together with our employees and management team.”