RB 99/2016 Amendment to Binding Head of Terms between AmRest and Pizza Hut Europe Sarl
15-07-2016

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.

Legal act:

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

Add widget
This widget is already in use...
Newsletter. Stay Informed.
This widget is already in use...
Number of restaurants AmRest network:
0
0
0
This widget is already in use...
Invest in AmRest:
Price of shares: dsdsdsd
This widget is already in use...
EBITDA 2018 Q4
49 321K EUR
This widget is already in use...
AmRest Stand-alone Semiannual Report 2019
This widget is already in use...
Capital Markets Day
This widget is already in use...

20.09.2019

Capital Markets Day
This widget is already in use...
Download AmRest Fact Sheet Download
This widget is already in use...
This widget is already in use...
This widget is already in use...
Upcoming events See the calendar
  1. You can choose widgets and their location by dragg and drop them to this area.

    You can place three widgets here, from which you plan to use most often.

    Next tip
  2. You can choose widgets and their location by dragg and drop them to this area.

    Here you can put up three more widgets.

    Next tip
  3. Click the button below to see what widgets have prepared for you.

    Drag the widget you are interested to one of the previously mentioned areas (under the side menu or at the bottom of the site).

    We wish you a pleasant use of the site!

    Close tips