Voluntary tender offer to shareholders of PEGAS NONWOVEN

Prague July 18th (PROTEXT)

R2G Rohan Czech s.r.o. (“R2G Rohan”), an investment vehicle indirectly owned by the Šlemr family foundation, and software pioneers and entrepreneurs, Eduard Kučera and Pavel Baudiš, announces its intention to launch a voluntary tender offer addressed to all shareholders of PEGAS NONWOVENS SA (“Pegas”) at a price of CZK 1,010 per share. The draft of the tender offer document will be submitted to the Czech National Bank for its approval.

The offered share price represents an 8% premium over the CZK 935.1 price at which Pegas’ shares ended trading on the Prague Stock Exchange on 14 July 2017 and an all time high since trading began.

R2G Rohan, as a long-term investor, will support the strategic growth of Pegas in Europe and beyond, and will be a partner to the Pegas management. R2G Rohan believes that it is in the long-term interests of Pegas to accumulate cash in order to enable it to undertake acquisitions in the nonwovens sector.

R2G is a family office based in Prague, which was established by industrialist Oldrich Šlemr in August 2016. R2G's goal is to preserve and grow capital through conservative management and capital investments geared to long-term growth. Direct investments are implemented through R2G Club, an investment platform with assets exceeding € 1 billion and backed by three families, the Šlemr family and the families of software pioneers and entrepreneurs Eduard Kučera and Pavel Baudiš.

Pegas is a major manufacturer of nonwoven fabrics used mainly for personal hygiene products, to a lesser extent in construction, agriculture and medical applications. It is primarily active in markets in Europe, the Middle East and Africa.



Klíčová slova Czech-industry-finance-R2G Rohan

Praha, Česká republika (ce)

Zpracovatelský a výrobní průmysl

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