Oriflame Holding AG Extraordinary General Shareholders’ Meeting

Following the de-listing of Oriflame on 17 July, the Company has now finalized the preparations of the previously communicated merger. As a consequence, the Board of Directors of Oriflame Holding AG has resolved to call the remaining shareholders to an Extraordinary General Shareholders’ Meeting on September 30, 2019 for approval of the merger between Walnut Mergeco AG, a Swiss entity 100% owned by Walnut Bidco plc., (as acquiring company), and Oriflame Holding AG (as acquired company). The merger proceedings will be carried out in accordance with Swiss law.

The remaining minority shareholders of Oriflame Holding AG (2.58% of the votes and capital) will receive compensation equal to the offer price of SEK 227, less dividends paid since 15 August 2019. The compensation is expected to be paid out within 30 days after the Extraordinary General Shareholders’ Meeting and the registration of the merger with the commercial register.

For the full agenda, please see the attached document.
  

  
Founded in 1967, Oriflame is a beauty company selling direct in more than 60 countries. Its wide portfolio of Swedish, nature-inspired, innovative beauty products is marketed through approximately 3 million independent Oriflame Consultants, generating annual sales of around €1.3 billion. Respect for people and nature underlies Oriflame’s operating principles and is reflected in its social and environmental policies. Oriflame supports numerous charities worldwide and is a Co-founder of the World Childhood Foundation. For more information about Oriflame, please visit www.oriflame.com. 

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