With reference to the regulatory announcement RB 184/2016 dated December 1st, 2016 the Management Board of AmRest Holdings SE (“AmRest”) announces the completion (the “Completion”) on March 1st, 2017 of the assets sale and transfer agreement (the “APA”) between AmRest and Kentucky Fried Chicken (Great Britain) Ltd., German Branch.
As a result of the Completion AmRest acquired 15 KFC restaurants operating in the German market. The purchase price amounted to EUR 10.28 million (ca. PLN 44.15 million).
All the approvals and conditions the Completion was contingent upon in accordance with the APA 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