LBi International N.V. : LBi International N.V.: Publicis initiates squeeze
out procedures to acquire all outstanding shares in LBi
Amsterdam (the Netherlands), 18 February 2013 - LBi International N.V.("LBi"
or the "Company") (NYSE EURONEXT Amsterdam: LBI) is announcing that Publicis
Groupe Holdings B.V., a wholly owned subsidiary of Publicis Groupe S.A.,
("Publicis") has initiated legal proceedings in accordance with articles
2:359c and 2:92a of the Dutch Civil Code to acquire all outstanding shares in
LBi by a ruling of the Enterprise Chamber of the Amsterdam Court of Appeal.
These proceedings are initiated by Publicis following the acquisition of more
than 95% of all issued and outstanding ordinary shares in the Company (the
"Shares"). In light of the Company holding 4,162,861 Shares in treasury, it
will act as co-plaintiff in these proceedings.
The last trading day will be 6 March 2013. Delisting of the Shares was
approved by NYSE Euronext Amsterdam.
The Company is reminding shareholders that following delisting shareholders
will no longer be able to trade the Shares via the NYSE Euronext Amsterdam
stock exchange in the usual way. Furthermore, it remains uncertain if, to what
extent, under which conditions and at what cost processing of the Shares in
the Euroclear giro system may be continued after delisting.
This is a press release by LBi International N.V. ("LBi") pursuant to the
provision of Article 5:25i of the Dutch Act on the Financial Supervision (Wet
op het financieel toezicht).
LBi International N.V. (NYSE Euronext Amsterdam: LBI) is Europe's largest
independent marketing and technology agency. We have operations in 16
countries and a staff of approximately 2,100 experts, who blend insight,
media, creativity and technical expertise to create value for leading brands.
We help companies of all shapes and sizes decide what's next for their
business - and then we take them there. We define and execute transformational
digital strategies for clients active in a wide variety of businesses.
There are many things that make LBi unique, but if we had to choose one it
would be our ability to bring together diverse teams of experts to suit any
brief. We call this blending, and it's the reason why all types of
organisations - from famous global businesses to disruptive start-ups - choose
LBi to help make their brands desirable wherever, whenever and however people
choose to engage with them.
For further information, visit www.LBi.com
Luke Taylor, CEO, LBi International N.V.
+44 20 7063 6465, luke.taylor@LBi.com
Huub Wezenberg, CFO, LBi International N.V.
+31 20 460 4500, huub.wezenberg@LBi.com
LBi International N.V.
Joop Geesinkweg 209 | 1096 AV Amsterdam | The Netherlands
P.O. Box 94829 | 1090 GV Amsterdam | The Netherlands
Company registration no. 30277334
You can download a pdf of the complete press release here
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information contained therein.
Source: LBi International N.V. via Thomson Reuters ONE
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