RB 12/2007 Purchase of shares of Bécsi út 13. Kft.
18-04-2007

The Management Board of AmRest Holdings N.V. informs that on the 19th of April 2007 American Restaurants Kft., 100% subsidiary of American Restaurants Sp. z o.o., acquired shares of Bécsi út 13. Kft.. American Restaurants Sp. z o.o. is wholly-owned by AmRest Holdings N.V.
 
American Restaurants Kft. purchased 100% shareholding in Bécsi út 13. Kft. which constitute 100% of its equity with total nominal value of HUF 20,000,000. The total price of all acquired shares amounted to USD 650,000. The carrying value of the acquired shares, booked in the American Restaurants Kft. account books,  will be equal to the cost of purchase.
 
Bécsi út 13. Kft. is the owner of the office building located at Bécsi út 13, Budapest. American Restaurants Kft. used to lease the office space at this location. Acquisition of the above mentioned building is aimed to facilitate the extension of AmRest office in Budapest.   
 
The purchased shares constitute over 20% of the Bécsi út 13. Kft. equity and therefore the significance criterion, resulting from the Regulation of the Minister of Finance dated October 19th 2005 on current and periodic I            nformation to be published by issuers of securities, is fulfilled.
 
 
 
Legal act:
Ustawa o ofercie z dnia 29 lipca 2005 art. 56. ust. 1 punkt 2.

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