Heineken Announces Final Closing Date of APB Offer and Delisting of APB
Heineken N.V. has announced that the final closing date of Heineken International B.V.’s (HIBV) mandatory unconditional cash offer for all the issued and paid-up ordinary shares in the capital of Asia Pacific Breweries Limited, other than those already owned or controlled by HIBV, is Thursday, 31 January 2013 at 5:30 p.m. (Singapore time).
18 Jan 2013 --- Since the start of the Offer on 4 December 2012 until 16 January 2013, a total of 11,014,892 shares of the 12,127,715 APB Shares that were still remaining in the open market have been acquired, representing an acceptance level of 90.8%. Therefore, HIBV is now entitled to exercise its right of compulsory acquisition of the remaining APB Shares under Singapore regulations. A regulatory notice has been sent to APB shareholders for this purpose. Accordingly, APB shall become a wholly-owned subsidiary of HEINEKEN and be delisted from the Singapore Exchange following the completion of the compulsory acquisition, which is expected to be on or around 18 February 2013.
As of 16 January 2013, HIBV owns an aggregate of 257,120,201 APB Shares, representing approximately 99.57% of the total issued APB share capital.
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