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zooplus AG
ISIN: DE0005111702
WKN: 511170
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zooplus AG · ISIN: DE0005111702 · EQS - Company News (29 News)
Country: Germany · Primary market: Germany · EQS NID: 1265274
06 January 2022 08:30AM

Delisting tender offer for zooplus by Hellman & Friedman with support of EQT to expire on January 12, 2022


DGAP-News: zooplus AG / Key word(s): Offer/Delisting
Delisting tender offer for zooplus by Hellman & Friedman with support of EQT to expire on January 12, 2022

06.01.2022 / 08:30
The issuer is solely responsible for the content of this announcement.


Delisting tender offer for zooplus by Hellman & Friedman with support of EQT to expire on January 12, 2022

Munich, January 6, 2022 - zooplus, the leading European online pet platform, would like to remind its remaining shareholders that the acceptance period for the delisting tender offer of Hellman & Friedman ("H&F") with support of its partner EQT Private Equity ("EQT") at a cash consideration of EUR 480 per share will expire on January 12, 2022, 24:00 hrs CET. For zooplus shareholders, this is the last opportunity to benefit from a significant premium of 85 percent compared to the unaffected 3 months VWAP of the zooplus shares as of August 12, 2021 (the last trading day prior to the publication of the decision to make the previous voluntary public takeover offer by H&F). As of today, 90.01 percent of zooplus' share capital have been tendered into Zorro Bidco's - H&F's investment vehicle - voluntary public takeover and delisting tender offer.

The delisting tender offer is not subject to any (closing) conditions. On its basis, zooplus has applied for the revocation of the admission of the zooplus shares to trading on the regulated market of the Frankfurt Stock Exchange (delisting). The delisting may detrimentally affect the ability to trade zooplus shares as well as their stock exchange price. The delisting is expected to become effective as of the expiry of the acceptance period on January 12, 2022, 24:00 hrs CET.

zooplus boards support delisting offer
As emphasized in their joint reasoned statement of December 1, 2021, the Management Board and Supervisory Board of zooplus consider the delisting offer to be in the best interest of the company, its employees, and stakeholders and highly attractive to shareholders. Both boards hence recommend all remaining zooplus shareholders to accept the delisting tender offer by H&F in partnership with EQT.

Company profile:
zooplus AG is the leading online pet platform in Europe measured by sales. Founded as a German start-up in 1999, the company's business model has been successfully launched internationally, dedicated to the mission of creating moments of happiness between pets and pet parents across now 30 European countries. With a large and relevant product offering in the pet food and pet care & accessories range, zooplus caters to more than 8 million pet parents across Europe of which more than 5 million made more than two orders in 2020. The product range includes renowned international brands, popular local brand names as well as high-quality, exclusive own brand lines for pet food, accessories, care products, toys and much else for dogs, cats, birds, hamsters, horses and many other furry and non-furry friends. In addition, zooplus customers benefit from exclusive loyalty programs, best value for money proposition, fast and reliable delivery as well as a seamless digital shopping experience, combined with a variety of interactive content and community offerings. Sales totalled more than EUR 1.8bn in the 2020 financial year, capturing roughly 7% of the around EUR 28bn to EUR 29bn (net) European pet supplies market, both offline and online combined.

For further information about zooplus, please visit investors.zooplus.com or our international shop site at zooplus.com.

Press / Investor relations contact:
zooplus AG
Diana Apostol
Sonnenstraße 15
80331 Munich
Phone: + 49 (0) 89 95006-210
Fax: + 49 (0) 89 95006-503
Email: ir@zooplus.com | press@zooplus.com
Website: https://investors.zooplus.com

Finsbury Glover Hering
Tanja Dorr
Ludwigstraße 8
80539 Munich
Mobile: +49 (0) 160 99 27 19 75
Email: tanja.dorr@fgh.com



06.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
Germany
Phone: +49 (0)89 95 006 - 100
Fax: +49 (0)89 95 006 - 500
E-mail: contact@zooplus.com
Internet: investors.zooplus.com
ISIN: DE0005111702
WKN: 511170
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1265274

 
End of News DGAP News Service

1265274  06.01.2022 

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