Larochette, Luxembourg – 20 April 2018
B&S Group S.A. (“B&S Group” or the “Group”), a fast-growing, global distribution partner for consumer goods, today announces that the Joint Global Coordinators, on behalf of the Underwriters, have partially exercised the Over-Allotment Option, bringing the gross proceeds of the initial public offering on Euronext Amsterdam (the “IPO” or the “Offering”) to approximately €381 million.

As part of the Offering and as set forth in the prospectus dated 9 March 2018, Sarabel Invest S.à r.l. (“Sarabel”) and Lebaras Belgium BVBA (“Lebaras”)[1] have granted an Over-Allotment Option (the “Over-Allotment Option”) to the Underwriters of up to 3,086,502 ordinary shares in the capital of B&S Group (the “Over-Allotment Shares”).

The Joint Global Coordinators, on behalf of the Underwriters, have now notified both Sarabel and Lebaras of the partial exercise of the Over-Allotment Option. In total 1,603,748 Over-Allotment Shares are sold by Sarabel and Lebaras pursuant to the Over-Allotment Option, raising gross proceeds of approximately €23 million. As a result of this partial exercise of the Over-Allotment Option, the total gross proceeds of the Offering increased to approximately €381 million. The total number of shares offered under the Offering increased to 26,295,763 shares, which represents approximately 31.2% of the Group’s issued and outstanding shares (the “Shares”).

Following the partial exercise of the Over-Allotment Option, Sarabel and Lebaras continue to be B&S Group’s largest shareholders and will hold approximately 51.7% and 16.7% of the Shares, respectively. As part of the Offering, B&S Group, Sarabel and Lebaras agreed to a lock-up for a period of 360 days from the settlement date of the Offering, subject to certain customary carve outs and possible waiver by the Joint Global Coordinators.

For more information about B&S Group and the Offering reference is made to the prospectus dated 9 March 2018. The prospectus is available on the B&S Group website (www.bs-group-sa.com)