12.09.2017 10:17:01

Elis: Completion of acquisition of Berendsen

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

COMPLETION OF ACQUISITION OF BERENDSEN PLC

Saint-Cloud (France), September 12, 2017 - Elis SA ("Elis") today announces the completion of the acquisition of Berendsen plc ("Berendsen"), a focused European textile, hygiene and safety solution company.

With this transaction, Elis is enhancing its unique position as a multi-service provider in the rental, laundry and maintenance of flat linen, workwear and hygiene and well-being appliances. This transaction will allow the combined group to become a pan-European leader in the provision of textile, hygiene and facility solutions. The combined group will be geographically diversified and well-positioned in the majority of markets in which it will operate. Elis believes the combined group will be well-placed to deliver enhanced strategic and financial value to Berendsen shareholders and Elis shareholders and to pursue further growth.

Xavier Martiré, Chairman of the Management Board of Elis, commented: "The acquisition of Berendsen marks an important step in Elis's growth strategy. With this transaction, we are creating  a pan-European textile, hygiene and facility services leader with a strong customer offer. We look forward to working together with Berendsen's teams to continue growing and creating value for both Elis and Berendsen shareholders."

69,052,152 new Elis shares (ISIN: FR0012435121) will be issued on September 13, 2017 for completion of the transaction as well as 10,131,713 new Elis shares for completion of the capital increase reserved to Canada Pension Plan Investment Board. Dealings in the new Elis shares will commence from the date of their issue and they are expected to be admitted to trading on Euronext Paris (Compartiment A) no later than September 15, 2017.

Enquiries

Nicolas Buron                                                                           Tel: +33 (0) 1 75 49 98 30

Important Notice

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction. The new Elis shares are not being offered to the public by means of this announcement. This announcement is not an advertisement and is for information purposes only and does not constitute a prospectus or prospectus equivalent document. Investors should not subscribe for or purchase any new Elis shares except on the basis of the information contained in the prospectus with the French Autorité des marchés financiers' visa No. 17-390 dated July 27, 2017 and the Scheme Document disseminated to Berendsen shareholders.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Elis via Globenewswire

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