News

HEERENVEEN (THE NETHERLANDS), 16 MAY 2017 – Accell Group N.V. (“Accell Group”) today announces the conversion ratio of its stock dividend for the financial year 2016. With reference to the announcement dated 28 April 2017, as published on www.securitiesinfo.com and reported on www.accell-group.com, in which the shareholders were given the choice to receive a dividend for the financial year 2016 either in cash or shares charged to the share premium reserve, the number of dividend rights that entitles to 1 new ordinary Accell Group share with a nominal value of € 0.01 has been set at 41.25.

HEERENVEEN (THE NETHERLANDS), 2 MAY 2017 – Accell Group announces it will currently not continue the exploratory discussions with Pon Holdings about Pon Holding’s public, non-binding and conditional offer of 11 April last.  

EDE (THE NETHERLANDS), 25 APRIL 2017 – The Accell Group Annual General Meeting of Shareholders held today approved a dividend payment of € 0.72 per ordinary outstanding share for the financial year 2016 (2015: € 0.72), to be paid out in cash or stock. This is equivalent to a pay-out ratio of 57% and a dividend yield of 3.3%, based on the closing price at year-end 2016 (€ 21.91).  

HEERENVEEN (THE NETHERLANDS), 25 APRIL 2017 – Accell Group announces that turnover in the first months of 2017 is at the same level as in 2016. The trends seen in the past year have continued as expected. Sales of e-bikes increased and sales of city and kids bikes decreased. Based on these developments, the company confirms its full year 2017 outlook of an increase in turnover and operational results, barring unforeseen circumstances.


In addition, Accell Group announces that after today’s Annual General Meeting of Shareholders the Supervisory Board intends to appoint Hielke Sybesma, CFO of Accell Group, as interim CEO and interim Chairman of the Executive Board of Accell Group. Mr. Sybesma will combine his interim role with his current role as CFO. As announced on February 9, 2017, René Takens will resign as CEO and Chairman of the Executive Board after the Annual General Meeting. He remains involved with Accell Group as advisor.

HEERENVEEN (THE NETHERLANDS), 12 APRIL 2017 – With reference to the press releases of Pon Holdings and Accell Group regarding a non-binding proposal of Pon Holdings dated 11 April 2017, Accell Group hereby confirms that parties are having discussions (overleg) in the sense of article 5 paragraph 2 of the Decree on Public Takeover Bids (Besluit openbare biedingen Wft).
Further announcements will be made if and when appropriate.