Acquisition offer to all the shareholders of GENERALE BEAULIEU HOLDING SA

13.09.2016

The objective of this transaction is to reinforce Clinique Générale-Beaulieu’s position as the benchmark private clinic in Geneva and to further ensure its development – to the benefit of its patients, employees and physicians.

Swiss Medical Network will thus collaborate with the employees and admitting physicians of Clinique Générale-Beaulieu as it has done with the other clinics of the group, in order to continue developing this independent establishment, strongly embedded in the regional healthcare landscape and simultaneously benefiting from the strengths and structure of a national group.

In accordance with the transaction agreement, Swiss Medical Network will submit an acquisition offer in cash to all the shareholders of GBH on 14 September 2016, for all registered shares of GBH, at a price of CHF 25,000 per share. This offer will allow all shareholders to sell their shares at an attractive price, in particular compared to the last prices paid on the OTC-X market. The price offered by Swiss Medical Network values GBH at CHF 187.5 million. The Board of Directors of GBH has decided to recommend to its shareholders to accept the offer of Swiss Medical Network and has committed to approve the registration of Swiss Medical Network SA in the share registry of GBH as owner of all the shares that will be tendered in the context of this offer.

In this context, Swiss Medical Network SA also signed an agreement with Albin Kistler AG on 13 September 2016 regarding the acquisition of a participation of approximately 29% of GBH at the above price of CHF 25,000.- per share.

Informations:
Media Office Swiss Medical Network,
+41 (0) 22 366 99 87,
media@gsmn.ch

Philippe R. Blangey,
+41 (0) 43 268 32 35 or +41 (0) 79 785 46 32, prb@dynamicsgroup.ch

Cédric Alfonso,
+41 (0) 22 839 56 65, invest@beaulieu.ch

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