The Management Board of AmRest Holdings SE (“AmRest”, the “Company”) with reference to the regulatory announcement no. 101/2016 dated July 27th, 2016 and due to the change dated September 8th, 2016 of the content of the call for the sale of the Company’s shares announced by FCapital Dutch B.V. on July 12th, 2016 (“Tender Offer”), presents the update to the Statement of AmRest Management Board in terms of the opinion whether the price proposed in the Tender Offer reflects the Company's fair value.
In the context of increase of the price offered for the Company’s shares from PLN 215 to PLN 255, being the subject of the change of the Tender Offer, the Management Board of AmRest is of the opinion that the new proposed price is within the range of the fair value of the Company.
Simultaneously, the Management Board informs that the increase of the price for AmRest shares acquired under the Tender Offer does not change other conclusions contained in the Statement of the Management Board dated 27 July 2016.
Art. 80 Sec. 1 and 3 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies