AI assistant
D'Ieteren Group — Delisting Announcement 2017
Jan 24, 2017
3937_iss_2017-01-24_8cdb64c9-ed37-441d-81f6-26c1f773920a.pdf
Delisting Announcement
Open in viewerOpens in your device viewer
Tuesday 24 January 2017 – 6:00 pm CET
D'Ieteren holds 100% of the shares in Moleskine
D'Ieteren launched and completed today, through its subsidiary DM Invest, a squeeze out procedure on the remaining Moleskine shares. D'Ieteren now holds, together with Moleskine who owns treasury shares, 100% of the Moleskine shares. The Moleskine shares have also been removed from the Milan Stock Exchange.
End of press release
Tuesday 24 January 2017 – 6:00 pm CET
GROUP PROFILE
In existence since 1805, and across family generations, D'Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The group has currently three activities articulated around strong brands:
- D'Ieteren Auto distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It is the country's number one car distributor, with a market share of more than 22% and 1.2 million vehicles on the road at the end of 2015. Sales and operating result reached respectively EUR 2.9 billion and EUR 60.4 million in 2015.
- Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. Some 2,400 branches and 10,000 mobile vans, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass®, serve customers in 33 countries. Sales and operating result reached respectively EUR 3.2 billion and EUR 174.4 million in 2015.
- Moleskine (100% owned) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across 114 countries. Sales and operating result reached respectively EUR 128 million and EUR 35 million in 2015.
FINANCIAL CALENDAR
| Last five press releases (with the exception of press releases linked to the repurchase or sale of own shares) |
Next events | ||
|---|---|---|---|
| 19 December 2016 | Trading update for the period ending 31 October 2016 |
6 March 2017 | 2016 Full-Year Results |
| 19 December 2016 | Roland D'Ieteren to retire as Chairman of the Board of Directors in 2017 |
1 June 2017 | General Meeting & Trading Update |
| 13 December 2016 | D'Ieteren holds more than 95% of the shares in Moleskine |
31 August 2017 | 2017 Half-Year Results |
| 2 December 2016 | Provisional results of the MTO on Moleskine shares |
||
| 10 November 2016 | Launch of the mandatory tender offer on Moleskine shares |
CONTACTS
Axel Miller, Chief Executive Officer Arnaud Laviolette, Chief Financial Officer
Pascale Weber, Financial Communication - Tel: + 32 (0)2 536.54.39 E-mail: [email protected] – Website: www.dieteren.com
The D'Ieteren app is available on:
Rue du Mail 50 - 1050 Brussels (Belgium) Ɩ tel.: +32 2 536 54 39 Ɩ fax: +32 2 536 91 39 Page 2/2 VAT BE 0403.448.140 – Brussels RPM Ɩ www.dieteren.com/en