Gilde Buy Out Partners Intends to Make a Public Offer for TMC Group for Eur 18.75 Per Share in Cash

Gilde Buy Out Partners Intends to Make a Public Offer for TMC Group for Eur 18.75 Per Share in Cash PR Newswire UTRECHT and EINDHOVEN, the Netherlands, October 22, 2012 UTRECHT and EINDHOVEN, the Netherlands, October 22, 2012 /PRNewswire/ -- This is a joint public announcement by TMC Group N.V. ("TMC") and Time Acquisition B.V. ("Offeror"), a newly incorporated 100% owned subsidiary of funds managed by Gilde Buy Out Partners ("Gilde"). This is not a public announcement that a public offer will be made, but that conditional agreement on a public offer, as presented in this announcement, has been reached. Not for release, publication or distribution, in whole or in part, in or into the United States of America, Australia, Canada, Italy or Japan. Board of Directors unanimously recommends the offer Transaction highlights Gilde and TMC have reached conditional agreement on an all-cash public offer by the Offeror for all issued and outstanding shares in the capital of TMC at a price of EUR 18.75 per share. The Board of Directors of TMC fully supports the offer and unanimously recommends the proposed offer to the shareholders of TMC; a fairness opinion issued for this purpose supports this recommendation. Gilde supports the growth strategy of TMC and the proposed transaction will contribute to the accelerated implementation of this strategy. The proposed offer of EUR 18.