Pressure on Nutreco rebels

Shareholders who accepted the offer will receive €45.25 (cum dividend) for each share on 16 March.

Those shareholders who have not yet tendered their will have the opportunity to do so between 09.00 hours on 12 March and 17:40 hours on 25 March.

However, SHV reminds the remaining shareholders that – as it now holds over 95% of the shares following settlement – it intends to request the termination of the company’s listing on Euronext Amsterdam as soon as possible.

SHV then intends to initiate a squeeze-out procedure and warns that: “The remaining Shareholders who do not wish to tender their Shares in the Post-Closing Acceptance Period should carefully review paragraph 6.12 (Consequences of the Offer) and paragraph 6.13 (Post-Closing Restructuring) of the Offer Memorandum, which describes certain implications to which they may become subject with their continued shareholding in Nutreco.”