RB 46/2018 Share Purchase Agreement with Bloom Motion, S.L. and Mr. Johann Spielthenner

With reference to the regulatory announcement RB 38/2018 dated July 16th, 2018 AmRest Holdings SE (“AmRest”) informs about signing on July 31st, 2018 the definitive Share Purchase Agreement (“SPA”) between  AmRest Tag, S.L.U. (“AmRest Tag”, which is an indirect 100% subsidiary of AmRest) and Bloom Motion, S.L. and Mr. Johann Spielthenner (jointly the “Seller”) aimed at the acquisition by AmRest Tag of  100% of Bacoa Holding, S.L. and Black Rice, S.L. share capital.

As the result of SPA AmRest acquired a restaurant chain consisting of six burger restaurants under BACOA brand in Spain (in Barcelona and in Madrid) operated through both equity and franchise model. The purchase price based on Enterprise Value (on the cash-free and debt-free basis) amounted to approx. EUR 3.7m.

In 2017 fiscal year Bacoa network generated the system sales of approx. EUR 10m.

 

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