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Basic-Fit N.V. — Report Publication Announcement 2019
Dec 11, 2019
3818_iss_2019-12-11_52ccad26-3c87-4638-9552-7a0045bf0063.pdf
Report Publication Announcement
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3I ANNOUNCES SALE OF PART OF ITS STAKE IN BASIC-FIT
3i's remaining stake in Basic-Fit is 15%
Hoofddorp, 11 December 2019 – Basic-Fit N.V. (Euronext: BFIT), Europe's largest and fastest growing fitness operator, has taken note of the announcement today by 3i Group plc via Mito Holdings S.à.r.l. ("3i") that it has sold a stake of 6.2% in Basic-Fit's outstanding share capital at an offer price of €31.25 per share. The disposal consisted of an overnight private placement to institutional investors ("Placement"). Following the completion of the Placement, 3i's remaining stake will be approximately 15% of Basic-Fits's outstanding share capital. 3i has committed itself to a lock-up of 90 days. In addition, AM Holding B.V., fully controlled by René Moos, Basic-Fit's co-founder and CEO, has also agreed to the same lock-up provisions for a period of 90 days with respect to its stake. No shares were offered by AM Holding B.V. in connection with the Placement,
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FOR MORE INFORMATION [email protected]
Basic-Fit is listed on Euronext Amsterdam in the Netherlands ISIN: NL0011872650 Symbol: BFIT
FINANCIAL CALENDAR
| Full Year 2019 results | 10 March 2020 |
|---|---|
| Q1 2020 trading update | 22 April 2020 |
| AGM | 22 April 2020 |
ABOUT BASIC-FIT
With more than 750 clubs, Basic-Fit is the largest and fastest growing fitness operator in Europe. We operate in five countries and in our clubs more than 2.1 million members can work on improving their health and fitness. Basic-Fit operates a straightforward membership model and offers a high-quality, value-for-money fitness experience that appeals to the fitness needs of all active people who care about their personal health and fitness.