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Press Release
PostNL intends to sell part of its stake in TNT Express
Publish Date : 05 December 2013 17:35 CET -
Amsterdam, The Netherlands
TNT Express N.V. (TNT Express) has taken note of the announcement today by PostNL N.V. (PostNL) that it intends to sell approximately 15% of the outstanding share capital of TNT Express by means of an accelerated book building process, starting immediately.
Prior to this sale PostNL holds 29.8% of the outstanding share capital of TNT Express as a result of the demerger of TNT Express from TNT N.V. in May 2011.
The Relationship Agreement between TNT Express and PostNL allows PostNL to sell its shareholding in whole or in part in an orderly market manner and within prescribed parameters. (The full text of the Relationship Agreement is available on TNT Express’ corporate website.)
Please refer to the press release issued by PostNL for further information.
Lazard is acting as financial advisor to TNT Express.
These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan, or any other jurisdiction in which the distribution or release would be unlawful. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Shares”) of TNT Express N.V. (the “Company”) in the United States or any other jurisdiction.
The Shares of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Shares of the Company have not been, and will not be, registered under the Securities Act.
About TNT Express
TNT Express is one of the world’s largest express delivery companies. On a daily basis, TNT Express delivers close to one million consignments ranging from documents and parcels to palletised freight. The company operates road and air transportation networks in Europe, the Middle East and Africa, Asia-Pacific and the Americas. TNT Express made € 7.3 billion in revenue in 2012.
CONTACT INFORMATION
| Investors Andrew Beh Phone: +31 (0)88 393 9500 E-mail: andrew.beh@tnt.com |
Media Cyrille Gibot Phone: +31 (0)88 393 9390 Mobile: +31 651 133 104 E-mail: cyrille.gibot@tnt.com |
