Milan , 11 June 2007- Autogrill S.p.A. (AGL IM) today announces that it has acquired a further 16,005,994 shares of Alpha Airports Group Plc (AAP LN) from Servair S.A. (Air France Group, AF FP) and also a further 18,668,531 shares at a price of 110 pence per share in cash and now holds a total of 109,824,908 shares, representing 62.4 per cent. of the issued share capital of Alpha Airports.
Autogrill therefore announces that the Offer, when made, will be unconditional. However the offer will include a term pursuant to Rule 12.1 of the Code that the Offer will lapse and not proceed if: there is a reference to the Competition Commission before the First Closing Date of the Offer; if the European Commission initiates proceedings under Article 6(1)(c) of Council Regulation 139/2004/EC; or following a referral by the European Commission under Article 9.1 of Council Regulation 139/2004/EC to a competent authority in the United Kingdom.
Autogrill does not presently intend to exercise voting rights or otherwise exercise control associated with its shares.
The Offer Document containing the full terms and conditions of the Offer will be posted to Alpha Airports shareholders shortly, but in any event by Monday 2 July.