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Offering of up to EUR 275 million 5-year Convertible Bonds

May 14, 2014

Concurrent Open Market Repurchase in respect of up to EUR 100 million in aggregate principal amount of Wereldhave's EUR 230 million 2.875% Convertible Bonds due 2015 via a Reverse Bookbuilding Schiphol, the Netherlands, 2014-05-15 07:30 CEST (GLOBE NEWSWIRE) -- NOT FOR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN. This announcement is not an offer of securities in the United States of America or any other jurisdiction. The Bonds (and underlying shares) may not be offered or sold in the United States of America absent registration or exemption from registration under the U.S. Securities Act of 1933, as amended. Wereldhave does not intend to register the offer, in whole or in part, in the United States of America or to launch a public offering of securities in the United States of America. Amsterdam, 15 May 2014 – Wereldhave N.V. (“Wereldhave” or the “Company”) announces today the launch of (i) an offering of new convertible bonds of an initial principal amount of EUR 250 million, which may be increased to a maximum principal amount of EUR 275 million (the “New Bonds”) and (ii) a proposed repurchase of up to EUR 100 million in aggregate principal amount (the “Acceptance Amount”) of its outstanding EUR 230 million 2.875% convertible bonds due 2015 (ISIN: XS0550864192) (the “Outstanding Bonds”) by way of an open market repurchase to be financed by the proceeds of the offering of the New Bonds. Information for the press: Richard W. Beentjes E richard.beentjes@wereldhave.com T + 31 20 702 78 33 Information for analysts: Jaap-Jan Fit E jaapjan.fit@wereldhave.com T + 31 20 702 78 43 Copyright © 2014 OMX AB (publ).


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Source: OMX


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