[OLDTOWN] Notice of Interest of Substantial Shareholders - PLEASE REFER TO REMARKS on 23-Feb-2018

Highlights

Stock	[OLDTOWN]: OLDTOWN BHD
Announcement Date	23-Feb-2018

Name	PLEASE REFER TO REMARKS

Currency

Date of Change		Type	Number of Shares
	22-Feb-2018	Acquired	210,277,000

Nature of Interest	Indirect Interest
Shares	Ordinary Shares
Reason	Arising from acceptances pursuant to the take-over offer by Jacobs Douwe Egberts Holdings Asia NL B.V. (JDE Asia) through CIMB Investment Bank Berhad to acquire all the remaining ordinary shares of OldTown Berhad at a cash consideration of RM3.18 per offer share (Offer). Note that the acceptances pursuant to the Offer is subject to the condition that JDE Asia receives, on or before the closing date of the Offer, acceptances by the holders of the offer shares (provided that such acceptances are not, where permitted, subsequently withdrawn), which will result in JDE Asia, holding in aggregate, more than 50% of the shares excluding shares already held at the date of the Offer by JDE Asia. The substantial shareholders named herein are deemed interested in the shares of OldTown Berhad by virtue of their direct and/or indirect shareholdings in JDE Asia, pursuant to Section 8 of the Companies Act 2016.

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