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PRESS RELEASE
Ter Beke share listed on the Euronext continuous market effective 1 June 2006
Waarschoot, 31 May 2006.
As of 1 June 2006,
the share of the fresh food group Ter Beke will be listed on the continuous
market of Euronext.
Until today the Ter Beke share has been listed on the double fixing segment of
the market, where a price is formed only twice a day. The Board of Directors of
Ter Beke recently decided to formally change over to the continuous market and
filed a request to do so with the competent department of Euronext. This request
was approved by Euronext, and therefore as of 1 June 2006 the share will be
effectively listed on the continuous market. With the transition to the
continuous segment, Ter Beke - which currently has around 27.5% freely tradable
shares (free float) - wishes to increase the share´s liquidity. Bank Degroof
will continue to act as liquidity provider for the share.
For more information, please contact:
| Media Luc De Bruyckere Executive Chairman Telephone: +32 (0)9 370 13 00 E-mail: luc.debruyckere@terbeke.be |
Investor Relations Dirk De Backer Secretary General Telephone: +32 (0)9 370 12 21 E-mail: dirk.debacker@terbeke.be |
TER BEKE IN BRIEF
Ter Beke (Euronext Brussels: TERB) is an innovative Belgian fresh food group
which markets its assortment in 10 European countries. The group has 2 core
businesses: processed meats and fresh ready meals, possesses 9 industrial
establishments in Belgium, the Netherlands and France and counts over 1,600
employees. A turnover of around 330 million EUR is achieved, based on the 2005
figures.
a. Ter Beke - Pluma Processed Meats Division
- producer of processed meats for the Benelux and pâtés for Germany and the United Kingdom
- turnover of around 230 million EUR (basis 2005)
- 5 production sites in Belgium (Wommelgem, Waarschoot, Marche-en-Famenne, Herstal and Ruiselede) and 3 centres for slicing and packaging of processed meats, including 2 in Belgium (Wommelgem and Veurne) and 1 in the Netherlands (Milsbeek)
- innovative in the segment of pre-packaged processed meats
- distribution brands and own brand names L´Ardennaise, Daniël Coopman and Pluma
- around 900 employees
b. Fresh Ready Meals Division
- producer of fresh ready meals for the European market
- market leader in fresh lasagne in Europe
- turnover of around 106 million EUR (basis 2005)
- 3 production sites, including 2 in Belgium (Wanze and Marche-en-Famenne) and 1 in France (Alby-sur-Chéran)
- brand names Come a casa, Pronto and Vamos along with distribution brands
- around 650 employees