Press releases

Update on intended public offer by Torqx for Beter Bed Holding

4 August 2023

UPDATE - JOINT PRESS RELEASE
This is a joint press release by Beter Bed Holding N.V. ("Beter Bed Holding" or the "Company") and 959 B.V. (the "Offeror"), a company controlled by Torqx Capital Partners B.V. ("Torqx"). This joint press release is issued pursuant to the provisions of Section 7, paragraph 1 sub a of the Dutch Decree on public takeover bids (Besluit openbare biedingen Wft) (the "Decree") in connection with the intended recommended public offer by the Offeror for all the issued and outstanding shares in the capital of the Company (the "Offer"). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in the Company. Any offer will be made only by means of an offer memorandum ("Offer Memorandum") approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the "AFM"). This press release is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful, including the United States.

Update on intended public offer by Torqx for Beter Bed Holding

Uden/Bussum, the Netherlands, 4 August 2023 – Reference is made to the joint press release issued by Beter Bed Holding and Torqx on 10 July 2023 in respect of the conditional agreement on a recommended all-cash public offer to be made by the Offeror for all the issued and outstanding shares in the capital of Beter Bed Holding (each a "Share") at an offer price of EUR 6.10 per Share (cum dividend).

Pursuant to the provisions of Section 7, paragraph 1 sub a of the Decree, which requires a public announcement with a status update on an intended public offer within four weeks after the offer is announced, Beter Bed Holding and Torqx hereby provide this joint update on the Offer.

Download the full press release:

Download icon20230804 Update on intended public offer by Torqx for Beter Bed Holding (239.4kb)

YOU ARE SEEKING TO ACCESS MATERIALS RELATING TO THE INTENDED PUBLIC OFFER BY 959 B.V. (THE “OFFEROR”), A COMPANY CONTROLLED BY TORQX CAPITAL PARTNERS, FOR ALL ISSUED AND OUTSTANDING SHARES IN THE CAPITAL OF BETER BED HOLDING. THESE MATERIALS DO NOT CONSTITUTE AN OFFER, OR ANY SOLICITATION OF ANY OFFER, TO BUY OR SUBSCRIBE FOR ANY SECURITIES. ANY OFFER WILL ONLY BE MADE BY MEANS OF AN OFFER MEMORANDUM.

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