TKH Group successfully raises € 75 million through equity offering

TKH Group NV ("TKH") announces that it has successfully raised € 75 million through an accelerated bookbuild offering (the “Offering”) of 3,061,225 (depositary receipts of) new ordinary shares, which was announced earlier today. The (depositary receipts of) new ordinary shares have been placed at a price of € 24.50 per depositary receipt.

The net proceeds of the Offering will be used to finance the acquisition of Commend, to finance the squeeze out of minority shareholders of Augusta Technologie AG, for capital expenditures and for general corporate purposes.

Allocation of the (depositary receipts of) new ordinary shares has taken place today, 20 November 2014. Settlement of the (depositary receipts of) new ordinary shares is made subject to a number of conditions customary for these type of transactions. Application will be made for listing and admission to trading of the (depositary receipts of) new ordinary shares on Euronext in Amsterdam. Settlement of the (depositary receipts of) new ordinary shares is expected to take place on 24 November 2014. The (depositary receipts of) new ordinary shares will rank pari passu in all respects with the outstanding (depositary receipts of) ordinary shares.

After settlement of the Offering, the total number of outstanding shares of TKH will consist of 42,027,095 (depositary receipts of) ordinary shares.

Rabobank acted as Sole Global Coordinator in the Offering. Rabobank and ABN AMRO acted as Joint Bookrunners in the Offering.

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