RB 59/2012 Transfer of AmRest, LLC ownership interest

The Management Board of AmRest Holdings SE ("AmRest") announces that on December 13, 2012 it has been informed about the transfer of ownership interest in AmRest, LLC,  a company organized under the laws of the State of Delaware, USA (“AmRest US”) to AmRest Services Sp. z o.o. Spółka Komandytowo-akcyjna (a limited joint-stock partnership) with its seat in Wrocław („AmRest SKA”), fully controlled by AmRest.

AmRest Sp. z o.o. with its seat in Wrocław (“AmRest PL”), a 100 % subsidiary of AmRest, has contributed in-kind AmRest US ownership interest to AmRest SKA, in exchange for subscribing  375 new shares in AmRest SKA of nominal value 100 PLN per share and issue price 591 362.66 PLN per share and the total value of 221 760 997.50 PLN.

The Management Board of AmRest announces additionally that AmRest SKA has granted on December 13, 2012 to AmRest PL a loan in the amount of 220 211 427.00 PLN payable until December 31, 2013 (“The Loan”).

The transfer of AmRest US ownership interest and the Loan are related to improvements in cash flow management in the AmRest group.

Legal act:

Art. 56 Sec. 1 Point 2 of Act on public offering, conditions governing the introduction of financial instruments to organized trading and public companies dated July 29th 2005