Shares D.E MASTER BLENDERS 1753 start official trading
(Thomson Reuters ONE) -
Amsterdam, July 9th, 2012 - With the listing on NYSE Euronext Amsterdam becoming
official today, D.E MASTER BLENDERS 1753 has successfully finalised the process
of establishing a listed independent pure-play coffee and tea company.
D.E MASTER BLENDERS 1753 started to trade on NYSE Euronext in Amsterdam on June
12, 2012 on an "as-if-and-when-issued/delivered" (AIW) basis, with settlement
taking place from July 9, 2012 onwards. The spin-off from Sara Lee Corp. became
official on June 28, 2012, following the registration period from June 13 to
June 28. With all technical and legal processes now finalised, trading in
D.E MASTER BLENDERS 1753 is now unconditional and the listing final and
official. Options on the shares will be introduced today on the Amsterdam
derivatives market of NYSE Liffe.
Michel Cup, CFO of D.E MASTER BLENDERS 1753 commented: "D.E MASTER BLENDERS
1753 offers a compelling growth story. We have the ambition to become the
number two coffee and tea company in the world through value added offerings,
innovation and expansion. The independent listing gives us additional
flexibility in structuring transactions and provides greater visibility in the
financial markets."
The creation of a stand-alone focussed company enables D.E MASTER BLENDERS 1753
to more rapidly introduce new products and to react faster to changes in its
markets. There is a more streamlined organisation due to the reduced number of
management layers, and the company is able to optimise its capital structure
more easily than as part of a larger conglomerate business. The independence
offers greater strategic flexibility, including more opportunities for strategic
partnerships and/or acquisitions.
Forward-Looking Information
This press release and other documents and statements of D.E MASTER BLENDERS
1753 contain certain forward-looking statements generally preceded by terms such
as "expects", "projects", "anticipates" or "believes". These forward-looking
statements are based on currently available competitive, financial and economic
data, as well as management's views and assumptions regarding future events.
Such forward-looking statements are inherently uncertain, and investors must
recognize that actual results may differ from those expressed or implied in the
forward-looking statements. Consequently, D.E MASTER BLENDERS 1753 wishes to
caution readers not to place undue reliance on any forward-looking
statements. Among the factors that could cause D.E MASTER BLENDERS 1753's
actual results to differ from such forward-looking statements are those
described in the Registration Statement on Form F-1 (Registration No.
333-179839) filed by D.E MASTER BLENDERS 1753 with the Securities and Exchange
Commission. D.E MASTER BLENDERS 1753 undertakes no obligation to publicly update
any forward-looking statements, whether as a result of new information, future
events or otherwise.
# # #
About D.E MASTER BLENDERS 1753
D.E MASTER BLENDERS 1753 is a leading pure-play coffee and tea company that
offers an extensive range of high-quality, innovative products through well-
known brands such as Douwe Egberts, Senseo, L'OR, Pilão, Merrild, Moccona,
Pickwick and Hornimans in both retail and out of home markets. The company
holds a number of leading market positions across Europe, Brazil, Australia and
Thailand and its products are sold in more than 45
countries. D.E MASTER BLENDERS 1753 generated sales of more than ? 2.6 billion
in fiscal year 2011 and employs around 7.500 people worldwide. For more
information, please visit www.demasterblenders1753.com.
Contact Investor Relations Corporate Communications
Robin Jansen Michiel Quarles van Ufford
+31 20 558 1014 +31 20 558 1080
investor-relations(at)DEMB.com media-relations(at)DEMB.com
Press Release PDF:
http://hugin.info/152637/R/1625086/519764.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: D.E MASTER BLENDERS 1753 via Thomson Reuters ONE
[HUG#1625086]
Unternehmensinformation / Kurzprofil:
Datum: 09.07.2012 - 08:02 Uhr
Sprache: Deutsch
News-ID 163063
Anzahl Zeichen: 5069
contact information:
Town:
Utrecht
Kategorie:
Business News
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"Shares D.E MASTER BLENDERS 1753 start official trading"
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