Amersfoort, 29 October 2019 - Koninklijke VolkerWessels N.V. announces that it has been approached by its majority shareholder Reggeborgh in connection with a potential public offer for all the issued and outstanding shares of VolkerWessels at a proposed offer price per share of € 21.75 (cum interim dividend).
Consistent with their fiduciary duties, the Managing Board and the independent members of the Supervisory Board of VolkerWessels have initiated a thorough process. The Boards will be carefully evaluating this expression of interest. In their decision making the Boards will take the interests of all stakeholders, including the minority shareholders, into full consideration.
The negotiations between VolkerWessels and Reggeborgh are at an early stage and there can be no assurance that any transaction will materialize from these discussions.
VolkerWessels has appointed ING Corporate Finance as financial advisor and Linklaters as legal advisor to assist in this process. Further announcements will be made if and when circumstances so require.
This is a public announcement by Koninklijke VolkerWessels N.V. pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014). This public announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities.
For more information
Ingrid Prins, Investor Relations / Media Relations