With reference to the announcements RB 16/2016 of 20th April 2016 the Management Board of AmRest Holdings SE (“AmRest” or ”the Company”) informs about the completion (“Completion”) on 23rd May 2016 of the Share Purchase Agreement (“SPA”) between AmRest Capital ZRT (“Buyer 1”), AmRest Kaffee Sp. z o.o. („Buyer 2”) (collectively „Buyers”), AmRest Work Sp. z o.o. (“New General Partner”) and AmRest Holdings SE (“Guarantor”), Starbucks Coffee EMEA B.V. (“Seller”) and Starbucks EMEA Ltd (“General Partner”). As a result of the Completion Buyers acquired 100% partnership interest in StarbucksCoffee Deutschland Ltd.& Co. KG (“Starbucks Deutschland”) at total price of EUR ca. 40 million (PLN ca. 177 million) and the General Partner of Starbucks Deutschland was replaced with New General Partner.
Under the terms of the SPA Starbucks Deutschland was renamed to AmRest Coffee Deutschland Sp. z o.o. & Co. KG (“AmRest Coffee Deutschland”). As a result of the Completion AmRest Coffee Deutschland became an operator of 144 Starbucks stores in dozens cities across the German market.
Simultaneously, Management Board of AmRest informs that the Area Development and Operation Agreement and Supply Agreement between Starbucks Deutschland(current name: AmRest Coffee Deutschland), Starbucks EMEA LTD and Starbucks Manufacturing EMEA B.V. concerning the rights and license to develop, own and operate Starbucks stores in Germanycame into force.
Art. 56 Sec. 1 Point 1 of Act on public offering, conditions governing the introduction of financial instruments to organized trading and public companies dated July 29th 2005