With reference to the regulatory announcement RB 136/2017 dated June 6th, 2017 Management Board of AmRest Holdings SE (“AmRest”, “the Company”) announces Completion on October 2nd, 2017 of a Share Purchase Agreement between OOO AmRest (AmRest Russia), being 100% subsidiary of AmRest, and Svetlana Mikhailovna Popova aimed at acquisition by AmRest Russia of 21 KFC restaurants operating in the Russian market (“KFC Business”).
As a result of the Completion AmRest Russia acquired KFC Business for the price of RUB 1 655 million (ca. PLN 105 million).
All the approvals and conditions the Completion was contingent upon have been obtained and fulfilled.
Art. 17 Sec. 1 of Regulation (EU) No 596/2014 of The European Parliament and of The Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC