News

• Pre-filing discussions with the European Commission have been completed and Green Mobility Holding has filed for EU antitrust clearance
• Closing date of the initial acceptance period of the offer to be set by the French financial market regulator AMF following receipt of EU antitrust clearance
• Transaction expected to be completed in Q2 2022

Green Mobility Holding, a bidder consortium consisting of Volkswagen Group, Attestor Limited and Pon Holdings B.V., has filed for antitrust clearance with the European Commission (EC) regarding the ongoing tender offer for Europcar Mobility Group’s shares.

With the filing, Green Mobility Holding has achieved another milestone for the acquisition of Europcar Mobility Group as the EU antitrust clearance is the only remaining condition precedent for the ongoing tender offer. It is expected that the EC will decide in late May or early June. Following such decision, the French stock market regulator Autorité des marchés financiers (AMF) will set the closing date of the initial acceptance period of the offer during which shareholders of Europcar Mobility Group can tender their shares, which is expected to occur before end of Q2 as already announced on March 1st, 2022.

Shareholders of Europcar Mobility Group can tender their shares at a price that is considered fair (with regard to the multi-criteria valuation and resulting premiums) by an independent expert appointed by Europcar Mobiliy Group’s board of directors. If more than 90 percent of the shares and voting rights of Europcar Mobility Group are tendered, the offer price will increase to 51 Cents per share. In case less than 90 percent are tendered, shareholders who have accepted the offer will receive 50 Cents per share.

The offer document of Green Mobility Holding S.A. having received visa no. 21-499 from the AMF on November 23, 2021 and the other information document relating to legal, financial, accounting and other characteristics of Green Mobility Holding are available on the websites of the AMF (www.amf-france.org) and Volkswagen (https://www.volkswagenag.com/en/InvestorRelations/news-and-publications/Europcar_offer.html) and may be obtained free of charge:Verfügung und sind kostenlos erhältlich:

Green Mobility Holding S.A.
19-21, route d’Arlon
8009 Strassen
Luxembourg

Bank of America Europe DAC – Succursale en France
51 rue La Boétie
75008 Paris
France

BNP Paribas
4 rue d’Antin
75002 Paris
France