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AmRest Holdings S.E. M&A Activity 2018

Nov 2, 2018

1788_rns_2018-11-02_c5fb23f5-8e56-4b2a-b09c-5676006b422d.html

M&A Activity

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RB 70/2018 Completion of Sushi Shop acquisition;With reference to theregulatory announcement RB 41/2018 dated July 25th, 2018 and RB 45/2018dated July 27th, 201AmRest Holdings SE ("AmRest", the "Company")announces the completion (the "Completion") on October 31st, 2018 of theShare Purchase Agreement ("SPA") signed on July 27th, 2018 with Mr.Grégory Marciano, Naxicap Partners SA and remaining sellers (jointly"Sellers") aimed at the acquisition by AmRest of 100% shares in SushiShop Group SAS ("Sushi Shop").;As a result of the Completion AmRestbecame an owner of the leading European chain of Japanese cuisinerestaurants comprising of 165 stores, of which about one third arerestaurants run by franchisees.;Estimated purchase price for 100% sharesin Sushi Shop at the day of Completion amounted to approx. EUR 164million, with the Enterprise Value equal EUR 240 million. Additionally,an amount of up to EUR 10 million (earn-out) may be paid to the Sellersupon Sushi Shop reaching certain financial KPI's for 2018.;All theapprovals and conditions the Completion was contingent upon inaccordance with the SPA have been obtained and fulfilled. Legal act:Art. 17 Sec. 1 of Regulation (EU) No 596/2014 of The European Parliamentand of The Council of 16 April 2014 on market abuse (Market AbuseRegulation) and repealing Directive 2003/6/EC of the European Parliamentand of the Council and Commission Directives 2003/124/EC, 2003/125/ECand 2004/72/EC