Schiphol, September 1, 2010
Rodamco Europe NV is pleased to announce the publication of its 2010 first half year results. Click here to view it or download a pdf version.
Schiphol, June 11, 2010
On june 11, 2010, Unibail-Rodamco SE acquired a further 579,420 shares in Rodamco Europe NV in an unsollicited offer. Following this transaction, Unibail-Rodamco owns 99.2% of the shares in Rodamco Europe.
The buy-out proceedings continue at the Dutch Enterprise Chamber of the Amsterdam Court of Appeals.
Op 11 Juni 2010, heeft Unibail-Rodamco SE 579.420 aandelen Rodamco Europe NV verworven die ongevraagd waren aangeboden. Na deze transactie bezit Unibail-Rodamco 99,2% van de aandelen Rodamco Europa.
The uitrook procedure bij de Ondernemingskamer van het Gerechtshof in Amsterdam is nog altijd gaande.
Schiphol, June 2, 2010
Stay of expert report in buy out proceedings for remaining Rodamco Europe NV Shares
On June 1, 2010, the Dutch Enterprise Chamber granted the committee of three experts appointed in the statutory buy-out proceedings a further extension until July 15, 2010 to submit their report on the value of the Rodamco Europe NV shares. On August 3, 2010, Unibail-Rodamco SE and the other parties involved in the proceedings will be invited to submit a response to the report of the experts.
De Ondernemingskamer heeft op 1 juni 2010 de commissie van drie deskundigen die zijn benoemd in de uitkoopprocedure uitstel verleend tot 15 juli 2010 voor het indienen van het deskundigenbericht over de waarde van de over te dragen aandelen Rodamco Europe NV. Vervolgens zullen Unibail-Rodamco SE en de overige in de procedure verschenen partijen op 3 augustus 2010 een akte na deskundigenbericht kunnen nemen
Schiphol, April 26,
2010
Rodamco Europe NV is pleased to
announce the publication of its 2009 Annual Report.
Click here to view it or to download a pdf version. Copies of the
Annual Report can also be obtained, free of charge, at the offices of Rodamco
Europe N.V. in Schiphol (Schiphol Boulevard 371, 1118 BJ Schiphol).
Paris, March 10, 2010
Reaction by Unibail-Rodamco to the provisional judgment by the Enterprise
Chamber
We have taken notice with interest
of the provisional judgment by the Enterprise Chamber in the statutory buy-out
procedure of the remaining 1.5% Rodamco Europe NV shares, as initiated by us in
December 2007.
In the judgment of March 9 the Enterprise Chamber deems itself "insufficiently
informed to determine now independently the price of the shares to be
transferred". Therefore a committee of three experts will be nominated who will
by May 11 at the latest establish the actual value of the shares to be
transferred by means of a generally accepted method. Until this time the
Enterprise Chamber will refrain from making any further decisions.
An important element of the court ruling is that the plaintiffs demand for a
buy-out price related to the actual exchange of shares in June/July 2007, has
been rejected.
We look forward to the value determination investigation by the committee of
experts with interest and will fully co-operate with this.
Paris, 10 maart 2010
Reactie van Unibail-Rodamco op het tussenvonnis van de Ondernemingskamer
Wij hebben met belangstelling kennis genomen van het tussenvonnis van de
Ondernemingskamer in de door ons in december 2007 geïnitieerde uitkoopprocedure
voor de resterende 1,5% van de aandelen van Rodamco Europe.
In het arrest van 9 maart acht de Ondernemingskamer zich 'onvoldoende
voorgelicht om thans reeds zelfstandig de prijs van de over te dragen aandelen
te bepalen'. Daarom zal zij een commissie van drie deskundigen benoemen die
uiterlijk op 11 mei 2010 de actuele waarde van de over te dragen aandelen dient
te bepalen door middel van een algemeen aanvaarde methode. Tot die tijd onthoudt
de Ondernemingskamer zich van iedere verdere beslissing.
Een belangrijk element in het tussenvonnis is dat de Ondernemingskamer de wens
van de minderheidsaandeelhouders om een uitkoopprijs gerelateerd aan de waarde
ten tijde van de overdracht in juni/juli 2007 heeft afgewezen.
We zien het waardebepalingsonderzoek van de commissie van deskundigen met
belangstelling tegemoet en zullen hier onze volledige medewerking aan verlenen.
Delisting Rodamco Europe N.V.
In the press release of 31 March 2008 Rodamco Europe has announced that, in consultation with NYSE Euronext, it has taken the formal decision to delist Rodamco's shares from Euronext Amsterdam and Euronext Paris and that NYSE Euronext has been
requested to approve the delisting. NYSE Euronext has now granted its
approval to the delisting of Rodamco's shares. In consultation with
NYSE Euronext, it is expected that the ordinary shares of Rodamco
Europe N.V. with a nominal value of 8 EUR ("Shares") ISIN NL0000289320
will be delisted from Euronext Amsterdam and Euronext Paris effective 13 May 2008
. The last trading date was on 12 May 2008.
Merger of Unibail Holding S.A. and Rodamco Europe N.V.On May 21, 2007 Unibail Holding S.A. and Rodamco Europe N.V. jointly announced that Unibail made a friendly Public Exchange Offer for all the outstanding shares in the capital of Rodamco. The Offer was declared unconditional on June 21.
In 2007, Unibail-Rodamco acquired 98.52% of the issue share capital of Rodamco Europe. In December of that year, statutory buy out proceedings under Dutch law were initiated to acquire the remaining shares in Rodamco Europe. The buy out price is to be determined by the Enterprise Chamber of the Court of Appeals in Amsterdam. At the start of the proceedings Unibail-Rodamco proposed to pay Euro 81.03 per Rodamco share. Unibail-Rodamco amended its request to the Enterprise Chamber in March 2009 by proposing a revised buy out price of Euro 54.33 on March 23, 2009. This new proposal takes into consideration the overall market developments since December 2007, and is consistent with the method of calculation of the December 2007 proposal.
Please also visit Unibail-Rodamco's website: www.unibail-rodamco.com
