On 15 December 2017, the transfer to Mediahuis of Talpa’s 29.16% holding in TMG was completed. Mediahuis also acquired TMG share certificates on the stock exchange and in direct transactions, as a result of which Mediahuis and its 100% Dutch subsidiary Gerald BidCo B.V. now have a 98.5% share in TMG. TMG’s delisting from the stock exchange has now been set in motion.
Stock exchange delisting
A request has today been submitted to Euronext Amsterdam N.V. (‘Euronext’) to terminate the listing agreement between TMG and Euronext - and therefore to end the listing of share certificates.
Buyout procedure
Mediahuis will shortly commence a buyout procedure under the terms of article 2:92a of the Dutch Civil Code in order to acquire the remaining shares in TMG’s capital.
In the context of the buyout procedure, Mediahuis wi...