Exercise in full of the over-allotment option in connection with the Initial Public Offering of Matas A/S. Total offering size increased to DKK 2,813 million

Matas A/S
Company Announcement

Exercise in full of the over-allotment option in connection with the Initial
Public Offering of Matas A/S. Total offering size increased to DKK 2,813
million

Company announcement 14/2013

Allerød, 2013-07-17 17:58 CEST (GLOBE NEWSWIRE) -- NOT FOR PUBLICATION,
DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES
OF AMERICA, AUSTRALIA, CANADA OR JAPAN 

Following Matas A/S’ (“Matas” or the “Company”) announcement of the pricing of
the Initial Public Offering on 28 June 2013, Matas today announces that the
Joint Global Coordinators (Morgan Stanley & Co. International plc and Nordea
Markets (division of Nordea Bank Danmark 

A/S)), on behalf of the Managers, have exercised in full their over-allotment
option, resulting in the purchase of 3,190,677 additional shares at the offer
price of DKK 115 per share from Svenska M Holding 1 AB (ultimately owned by
certain funds advised by affiliates and subsidiaries of CVC Capital Partners
SICAV-FIS S.A., a private equity firm) and Materialisternes Invest ApS
(ultimately owned by former Matas store owners and certain of their related
parties). 2,221,479 of the additional shares have been purchased from Svenska M
Holding 1 AB and 969,198 of the additional shares have been purchased from
Materialisternes Invest ApS (Svenska M Holding 1 AB and Materialisternes Invest
ApS are jointly referred to as the “Selling Shareholders”). 

As a result, the total number of shares offered in connection with the Offering
amounts to 24,461,862 shares, thereby increasing the total offering size to DKK
2,813 million. 

After the full exercise of the over-allotment option, the Selling Shareholders
hold 15,858,554 Shares in aggregate, comprising 38.9% of the share capital of
Matas, whereof Svenska M Holding 1 AB holds 27.1% and Materialisternes Invest
ApS holds 11.8% of the share capital of Matas. 



Enquiries

Lars Vinge Frederiksen, Chairman, tel +45 48 16 55 55

Terje List, CEO, tel +45 48 16 55 55



Investors:

Jesper Breitenstein, Investor Relations, tel +45 27 80 76 75

Media:

Henrik Engberg Johannsen, Information Manager, tel +45 21 71 24 74



 About Matas

Matas is the largest health and beauty retailer in Denmark. Since its
incorporation in 1949 as an association of independently owned stores, the
company has developed a strong reputation for professional advice and customer
service excellence that it has leveraged to establish one of the best‐known
retail chains in Denmark. Matas offers a distinctive one‐stop retail concept
which serves a broad range of health, beauty, household and personal care
needs. The company has more than 2,400 employees and in the financial year
2012/13, revenues amounted to DKK 3,200 million. 

This document and the information contained herein are not for distribution or
release, directly or indirectly, in or into the United States of America
(including its territories and possessions, any state of the United States of
America and the District of Columbia) (the “United States”), Australia, Canada
or Japan. This communication does not constitute, or form part of, an offer to
sell, or a solicitation of an offer to purchase, any securities in the United
States, Australia, Canada or Japan or in any jurisdiction in which any offer or
solicitation would be unlawful. The securities of Matas A/S have not been and
will not be registered under the U.S. Securities Act of 1933 (the “Securities
Act”) and may not be offered or sold within the United States absent
registration or an applicable exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act. 

In any Member State of the EEA other than Denmark that has implemented the
Prospectus Directive, this announcement is only addressed to, and is only
directed at, investors in that EEA member state who fulfil the criteria for
exemption from the obligation to publish a prospectus, including qualified
investors, within the meaning of the Prospectus Directive as implemented in
each such EEA Member State. 

This announcement is only directed at (i) persons who are outside the United
Kingdom, (ii) to investment professionals falling within Article 19(5) of the
U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the “Order”) or (iii) high net worth entities falling within Article 49(2)(a)
to (d) of the Order (the persons described in (i) through (iii) above together
being referred to as “relevant persons”). The securities are only available to,
and any invitation, offer or agreement to subscribe, purchase or otherwise
acquire such securities will be engaged in only with, relevant persons. Any
person who is not a relevant person should not act or rely on this announcement
or any of its contents. 

Stabilisation/FCA

The Joint Global Coordinators and Joint Bookrunners and the Co-lead Managers
and their affiliates are acting exclusively for Matas A/S and the selling
shareholders and no-one else in connection with the IPO. They will not regard
any other person as their respective client in relation to the IPO and will not
be responsible to anyone other than Matas A/S and the selling shareholders for
providing the protections afforded to their respective clients, nor for
providing advice in relation to the IPO, the contents of this communication or
any transaction, arrangement or other matter referred to herein. 

In connection with the IPO, the Joint Global Coordinators and Joint Bookrunners
and the Co-lead Managers and any of their affiliates, acting as investors for
their own accounts, may purchase Shares and in that capacity may retain,
purchase, sell, offer to sell or otherwise deal for their own accounts in such
Shares and other securities of Matas A/S or related investments in connection
with the IPO or otherwise. Accordingly, references in the Offering Circular to
the Shares being offered, acquired, placed or otherwise dealt in should be read
as including any offer to, acquisition, placing or dealing by, such Joint
Global Coordinators and Joint Bookrunners and the Co-lead Managers and any of
their affiliates acting as investors for their own accounts. The Joint Global
Coordinators and Joint Bookrunners and the Co-lead Managers do not intend to
disclose the extent of any such investment or transactions otherwise than in
accordance with any legal or regulatory obligations to do so. 

Matters discussed in this communication may constitute forward-looking
statements. Forward-looking statements are statements (other than statements of
historical fact) relating to future events and anticipated or planned financial
and operational performance and can be identified by words such as “targets”,
“believes”, “expects”, “aims”, “intends”, “plans”, “seeks”, “will”, “may”,
“might”, “anticipates”, “would”, “could”, “should”, “continues”, “estimate” or
similar expressions. The forward-looking statements in this communication are
based upon various assumptions, many of which are based, in turn, upon further
assumptions. Although Matas A/S believes that these assumptions were reasonable
when made, these assumptions are inherently subject to significant known and
unknown risks, uncertainties, contingencies and other important factors which
are difficult or impossible to predict and are beyond its control. Such risks,
uncertainties, contingencies and other important factors could cause actual
events to differ materially from the expectations expressed or implied in this
communication by such forward-looking statements. 

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice.