Beter Bed Holding N.V. Extraordinary General Meeting adopts all resolutions in relation to the recommended Offer by Torqx

15 November 2023

This is a press release by Beter Bed Holding N.V. ("Beter Bed Holding" or the "Company"). This press release is issued in connection with the recommended public offer by 959 B.V. (the "Offeror"), a company controlled by Torqx Capital Partners B.V. ("Torqx"), 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 Beter Bed Holding. Any offer has been made only by means of the offer memorandum dated 4 October 2023 ("Offer Memorandum") approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten). 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. Capitalised terms not defined in this press release will have the meaning as set forth in the Offer Memorandum.

Today, Beter Bed Holding held an extraordinary general meeting of shareholders in relation to the Offer by Torqx Capital Partners (the "EGM"). At the EGM, 62.15% of the total issued share capital of Beter Bed Holding was represented.

The EGM has adopted all resolutions in relation to the offer, including the approval of the post-closing restructuring measures, the appointment of Mr H.J. Geerts, Ms K.Y.M. de Kruiff and Mr A.L.J. Spek to the Supervisory Board and the grant of full and final discharge to two of the current Supervisory Board members, Mr B.E. Karis and Mrs M.C. Schipperheijn.

The resolutions are subject to the conditions precedent as mentioned in the agenda for the EGM and will take effect from the time specified therein.

Download the full press release:

Download icon20231115 Adoption of all resolutions in relation to the recommended Offer by Torqx (229.9kb)