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Partial Takeover Offer Closes and is Declared Unconditional

M&A27 March 2019RBDConsumer Discretionary

NZX/ASX Announcement
27 March 2019



Partial Takeover Offer Closes and is Declared Unconditional


On 10 December 2018, Finaccess Capital, S.A. de C.V. (“Finaccess Capital”), through its subsidiary

Global Valar S.L., made a partial takeover offer for up to 75% of Restaurant Brands New Zealand

Limited’s (NZX/ASX: RBD, “Restaurant Brands”) shares at NZ$9.45 cash per share (the “Partial

Takeover”).


The Partial Takeover closed at 11.59pm yesterday. Finaccess Capital has informed Restaurant

Brands that it has declared the Partial Takeover unconditional in all respects and, in total, it received

acceptances to the Partial Takeover for 91.35% of Restaurant Brands’ shares.

1

As total acceptances

exceed 75% of Restaurant Brands’ shares, acceptances of the Partial Takeover will be scaled in

accordance with the Takeover Code. The scaling procedure is explained in Restaurant Brands’

target company statement, which is available at:


http://www.restaurantbrands.co.nz/restaurant-brands-target-company-statement/

.


Finaccess Capital has informed Restaurant Brands that it intends to complete the Partial Offer and

pay shareholders for shares taken up under the Partial Takeover on 1 April 2019.


Ends



For more information regarding Restaurant Brands


Please contact:

Grant Ellis

Company Secretary

+64 9 525 8700


Russel Creedy

Chief Executive Officer

+64 9 525 8700



For more information regarding Finaccess Capital


Please contact:


Begoña Orgambide

Director of Investor Relations

+52 55 5540 2527 (ext. 1152)


Geoff Senescall

PR Adviser

+64 21 481234




1

It is possible that total acceptances may increase, as under the terms of the Partial Takeover, Finaccess Capital may accept

acceptance forms received after the closing date which are post marked on or prior to the closing date.

RESTAURANT BRANDS NEW ZEALAND LIMITED


About Restaurant Brands


Restaurant Brands is a corporate franchisee and specialises in managing multi-site branded food

retail chains. Listed on the NZX and the ASX, Restaurant Brands has annual sales of c.NZ$740

million. As of February 2018, Restaurant Brands had 314 stores: 94 KFC New Zealand, 61 KFC

Australia, 36 Pizza Hut New Zealand, 22 Starbucks (which Restaurant Brands sold on 23 October

2018), 19 Carl's Jr., 37 Taco Bell Hawaii and 45 Pizza Hut Hawaii stores. It employs more than 9,000

staff across New Zealand, Australia and Hawaii and serves 120,000 customers worldwide every day.


www.restaurantbrands.co.nz



About Finaccess Capital


Finaccess Capital is a growing company with a strong presence in the casual dining and quick

service restaurant sector, as well as in the real estate business, in close to 20 countries in Europe

and Asia. The company supports strong brands in attractive markets, working to maximise their

potential and create value with a uniquely long-term horizon, while leveraging its expertise to

contribute to their operations. Finaccess Capital’s current major investments in public companies

include a controlling interest in AmRest, a European casual dining and quick service restaurant

operator, and a minority interest in Inmobiliaria Colonial, a Spanish real estate business.


Finaccess Capital is part of Grupo Finaccess, which includes several other companies and holds

assets in Mexico, the US, Europe and Asia, offering a unique portfolio of financial, operative, and

investment services to a diverse client base.


www.grupofinaccess.com

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.