FEMSA publishes the definitive end result of the public tender offer for Valora – Settlement of the Offer scheduled for Friday, October 7, 2022

Valora Holding AG / Key word(s): Miscellaneous FEMSA publishes the definitive end result of the public tender offer for Valora – Settlement of the Offer scheduled for Friday, October 7, 2022 05-Oct-2022 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to article 53 LR

Monterrey, Mexico / Muttenz, Switzerland, October 5, 2022 – Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the definitive end result of its public tender offer (“Offer”) by FEMSA’s wholly-owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., to acquire all publicly held registered shares of Valora Holding AG (“Valora”; SIX: VALN) at a price of CHF 260.00 net in cash per share as pre-announced on July 5, 2022. 4,234,923 Valora shares were tendered into the Offer until the end of the additional acceptance period. Taking into account the tendered Valora shares, the Valora shares acquired by the offeror outside the Offer during the additional acceptance period and the Valora shares held by the persons acting in concert with the offeror, FEMSA’s participation amounts to a total of 4,252,410 Valora shares in aggregate, corresponding to 96.87% of the issued share capital and voting rights of Valora. 

FEMSA appreciates this strong support for joining forces with Valora by the Valora shareholders.

FEMSA has received all required regulatory clearances and the settlement of the Offer is therefore scheduled for Friday, October 7, 2022. The settlement of the Offer is subject to certain other customary conditions as set forth in the Offer Prospectus. After the settlement of the Offer, FEMSA intends to initiate a squeeze-out procedure and to delist the Valora shares from trading on SIX Swiss Exchange.
 

The definitive notice of the end result is available at https://femsa.gcs-web.com/valora-transaction.

 

FEMSA contact:
Juan Fonseca	Phone:                                    [phone]
Investor Relations Director	E-mail:                                 [e-mail]
Mauricio Reyes	Phone:                                    [phone]
Corporate Communications Director	E-mail:                       [e-mail]
Valora contact:
Christina Wahlstrand	Phone:                                      [phone]
Head of Corporate Communications & Branding	E-mail:                                    [e-mail]
Annette Carrer-Martin	Phone:                                      [phone]
Head of Investor Relations	E-mail:                                           [e-mail]
Proxy Advisor contact:
Morrow Sodali	Phone:                                   [phone]
Information Agent	E-mail:  [e-mail]
Hotline for private shareholders	Phone:                                      [phone]

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