Amsterdam – Qahwa World
JDE Peet’s N.V. today announced the transfer of shares to participants under its employee incentive plans, in line with applicable Dutch regulations and ongoing corporate governance practices.
This announcement is made pursuant to section 13, paragraph 1, and section 17, paragraph 3, of the Dutch Decree on Public Takeover Bids, in connection with the recommended public offer by Keurig Dr Pepper, Inc. for all issued and outstanding shares in JDE Peet’s.
The company confirmed that a total of 431,238 shares have been transferred, free of charge, to 22 participants under previously granted or committed incentive awards.
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The transfers were executed in accordance with Dutch offer rules, which require disclosure of share movements during the offer period. Each share has a nominal value of EUR 0.01.
Following the transaction, JDE Peet’s total issued share capital remains unchanged at 488,178,642 shares, including 2,713,719 treasury shares held by the company.
JDE Peet’s also stated that it does not hold any shares in Keurig Dr Pepper, Inc., while noting that the offeror currently holds 466,712,270 shares in JDE Peet’s.
This press release does not constitute an offer or solicitation to buy or subscribe for securities. Any such offer will be made solely through an official offer memorandum approved by the Dutch Authority for the Financial Markets. Distribution of this release may be restricted in certain jurisdictions in accordance with applicable laws and regulations.
