22 January 2016

Percentage of shares tendered under the offer at 85.8%

TenCate and the Offeror today jointly announce that following 17:40 hours on 21 January 2016, being the Acceptance Closing Time, 23,146,702 Shares had been tendered under the recommended public cash offer by the Offeror or committed to the Offeror subject only to the Offer being declared unconditional, at an increased Offer Price of EUR 26.00  per Share (the "Offer").
These  tendered  Shares represent approximately 85.8% of all the Company's issued and outstanding share capital (geplaatst kapitaal), i.e. excluding  475,687 Shares held in treasury by the Company. 

The Offeror will announce whether the Offer will be declared unconditional (gestand wordt gedaan) on or before Tuesday 26 January 2016.


Almelo/Utrecht, 22 January 2016

Download: 160122 Press release TenCate and Tennessee Acquisition regarding results of the Offer after extension
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