In regards to RB 43/2016 dated May 24th, 2016 and RB 85/2016 dated July 1st, 2016, the Management Board of AmRest Holdings SE (“AmRest”, the “Company”) informs about signing on July 15th, 2016 the Amendment no. 2 to Binding Head of Terms (“HoT”) determining the key terms and conditions on, and subject to which, Pizza Hut Europe (“PH Europe”) would be willing to proceed with a potential transaction with AmRest whereby AmRest and PH Europe would enter into a Definitive Agreement, Master Franchise Agreement (“MFA”), Development Agreement (“DA”) and related International Franchise Agreements and Shareholder Deed(s) (collectively: the “Agreements”). The Amendment no. 2 extends the term of HoT, and simultaneously the period during which the Agreements shall be executed, to July 31st, 2016. If the parties fail to execute the Agreements by that day, the HoT will terminate immediately.
Remaining provisions of the HoT have not changed.
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