(Tiper Stock Exchange) – Dufry announces the final results of the offer on 13,915,935 common shares Autogrill still in circulation, equal to 3.6142% of the share capitalsubject of the joint procedure carried out from 10 to 17 July 2023, for the fulfillment of the obligation to purchase the remaining shares after the closing of the tender offer.
Based on the final results communicated by UniCredit Bank AG, Milan Branch as intermediary in charge of coordinating the collection of Requests for Sale Relating to the Joint ProcedureAutogrill’s shareholders have submitted Requests for Sale for total 8,894,212 Shares Remaining, representing the 2.3100% of the share capital of the Issuer and 63.9139% of the total Residual Shares.
The above final results reflect a cortion down by 29,205 Residual Shares for which Requests for Sale Relating to the Joint Procedure have been presented with respect to the preliminary results of the Joint Procedure communicated on 18 July 2023.
In relation to the 8,894,212 Residual Shares for which Requests for Sale have been submitted: the Consideration in Shares (i.e. 0.1583 newly issued ordinary shares of Dufry, listed and traded on the Six Swiss Exchange, for each Residual Share) will be paid to holders of 8,731,295 Shares Remainingrepresenting 98.1683% of the Residual Shares: the Alternative Consideration in Cash (ie 6.33 Euros for each Residual Share) will be paid to the holders of 162,917 Shares Remainingrepresenting 1.8317% of the Residual Shares.
In order to pay the Consideration in Shares to the Requesting Shareholders, the Offeror, in execution of the Capital Increase to Service the Offer, will issue 1,382,164 Dufry shares. The total amount of Alternative Consideration in Cash due to the Requesting Shareholders who have requested it in their Requests for Sale Relating to the Joint Procedure is equal to 1,031,264.61 euros.
For the remaining 5,021,723 Remaining Sharesthe relevant owners have not submitted any Request for Sale Relating to the Joint Procedure.