AMSTERDAM, 15 December 2010 - L'Arche Green N.V, announces that it intends to buy Heineken Holding N.V. shares up to a maximum value of EUR 50 million. L'Arche Green has mandated a bank to purchase Heineken Holding N.V. shares in the open market on the company's behalf, starting 29 December 2010 up to and including 29 April 2011, allowing the execution of the share purchase to continue during closed periods.
On 30 June 2010, L'Arche Green announced its first EUR 50 million purchase plan, which was successfully executed by 29 October 2010.
L'Arche Green, holds now 50.56% of the shares of Heineken Holding N.V. and is the company in which the Heineken and Hoyer families have placed their shareholdings in Heineken Holding N.V. L'Arche Green's interest in Heineken Holding N.V. declined from 58.78% to 50.004% following the issuance of new Heineken Holding N.V. shares on 30 April 2010 in connection with the acquisition of the beer operations of Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) by Heineken N.V.
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Kees Jongsma
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Source: L'Arche Green via Thomson Reuters ONE
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