B&M European Value Retail S.A.
Exercise of the Over‑allotment Option
(Article 11(f)/ MAR2.3.11)
B&M European Value Retail S.A. - Exercise of over-allotment option
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA
B&M European Value Retail S.A. announces exercise of over‑allotment option
11 July 2014
B&M European Value Retail S.A. (the "Company") announces that, in connection with its initial public offering of ordinary shares (the "Global Offer"), Merrill Lynch International, as stabilising manager, has today exercised the over‑allotment option granted by Simon Arora, Bobby Arora and Robin Arora (either directly or indirectly) and Clayton Dubilier & Rice, LLC and certain other co-investment vehicles acting through CD&R European Value Retail S.à r.l. in respect of 36,018,644 ordinary shares in the Company (the "Over‑allotment Shares"). The Over-allotment Shares will be sold at the offer price of 270 pence per share.
The Company did not participate in the over-allotment option.
Including the exercise of the over-allotment option, the total size of the Global Offer was 436,018,644 ordinary shares, in total representing 43.6% of the 1,000,000,000 ordinary shares of the Company currently in issue.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.
Merrill Lynch International, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority in the United Kingdom, is acting exclusively for the Company and no-one else in connection with the Global Offer. It will not regard any other person as its clients in relation to the Global Offer and will not be responsible to anyone other than the Company for providing the protections afforded to its client, nor for providing advice in relation to the Global Offer, the contents of this announcement or any transaction, arrangement or other matter referred to herein.
