Green Mobility Holding’s Tender Offer for Europcar Mobility Group Shares Is Successful

June 15, 2022 at 12:11 PM EDT

Remaining minority shareholders can tender their shares until June 29, 2022 (included) during the reopening of the offer

PARIS--(BUSINESS WIRE)--Jun. 15, 2022-- Regulatory News:

Europcar Mobility Group (Paris:EUCAR) welcomes the initial result of the tender offer for the shares of Europcar Mobility Group by Green Mobility Holding S.A., a consortium consisting of Volkswagen, Attestor and Pon Holdings, as announced today and published by the French financial market authority (AMF).

At the expiry of the initial offer period on June 10, 2022, a total of 4,382,557,662 shares of Europcar Mobility Group, representing 87.38 percent of the share capital and at least 87.36 percent of the voting rights of the company, have been tendered. Hence, the minimum acceptance threshold for the offer of 67 percent has been reached. The settlement-delivery of the shares tendered to the initial acceptance period with the payment of the offer price of € 0.50 per tendered share will take place on June 22, 2022.

As a reminder, Green Mobility Holding has stated that it aims to acquire more than 90 percent of the share capital and voting rights of Europcar Mobility Group. If the threshold of 90 % of the share capital and voting rights of Europcar Mobility Group is reached, the offer price will increase from € 0.50 per share to € 0.51 per share.

Minority shareholders of Europcar Mobility Group who have not yet tendered their shares will have the opportunity to do so for another ten trading days during an additional acceptance period in accordance with article 232-4 of the AMF’s general regulation. As communicated by the AMF, the tender offer will reopen from June 16 until June 29, 2022 (included).

All of the information and documentation relating to the tender offer are available as follows:

  • Green Mobility Holding’s offer document having received from the AMF the visa no. 21-499 on November 23, 2021 and the other information relating to the legal, financial, accounting and other characteristics of Green Mobility Holding can be consulted on the websites of the AMF (www.amf-france.org) and Volkswagen (https://www.volkswagenag.com/en/InvestorRelations.html); and
  • Europcar Mobility Group’s reply document having received from the AMF the visa no. 21-500 on November 23, 2021 and the other information relating to the legal, financial, accounting and other characteristics of Europcar Mobility Group can be consulted on the websites of the AMF (www.amf-france.org) and Europcar Mobility Group (https://investors.europcar-group.com/fr).

Important notice: The information contained herein about Green Mobility Holding’s tender offer is exclusively intended for persons who are not residents of the United States or in any other jurisdiction where this would constitute a violation of applicable laws and regulations and who are not physically located in the United States or in such other jurisdictions. Such information does not constitute an offer to acquire securities in the United States or in any jurisdiction in which such an offer would be unlawful.

About Europcar Mobility Group
Europcar Mobility Group is a major player in mobility markets and listed on Euronext Paris. Europcar Mobility Group’s purpose is to offer attractive alternatives to vehicle ownership, in a responsible and sustainable manner. With this in mind, the Group offers a wide range of car and van rental services – be it for a few hours, a few days, a week, a month or more – with a fleet equipped with the latest engines, and which will be increasingly "green" in the years to come.
Customers’ satisfaction is at the heart of the Group’s ambition and that of its employees. It also fuels the ongoing development of new offerings in the Group's three service lines - Professional, Leisure and Proximity - which respond to the specific needs and use cases of both businesses and individuals. The Group’s 4 major brands are: Europcar® - the European leader of car rental and light commercial vehicle rental, Goldcar® - the low-cost car-rental Leader in Europe, InterRent® – ‘mid-tier’ car rental and Ubeeqo® – one of the European leaders of round-trip car-sharing (BtoB, BtoC). Europcar Mobility Group delivers its mobility solutions worldwide through an extensive network in over 140 countries (including wholly owned subsidiaries – 18 in Europe, 1 in the USA, 2 in Australia and New Zealand – completed by franchises and partners).

Regulated information related to this press release is available on the website:

https://investors.europcar-group.com/results-center

www.europcar-mobility-group.com

Investor Relations
Caroline Cohencaroline.cohen@europcar.com

Press Relations
Valérie Sauteret - valerie.sauteret@europcar.com
Vincent Vevaud - vincent.vevaud@europcar.com

Source: Europcar Mobility Group


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