Leiden, the Netherlands, 8 November 2023
(published at 11.00 AM)
De Gruyter and Brill confirm that they are making good progress on the preparations for the Offer.
Reference is made to the joint press release issued by De Gruyter and Brill on 12 October 2023 in respect of the conditional agreement on a recommended all-cash public offer to be made by the Offeror for all the Securities in the capital of Brill at an offer price of EUR 27.50 per Security (cum dividend). Pursuant to the provisions of Section 7, paragraph 1 sub a of the Decree, which requires a public announcement with a status update on an intended public offer within four weeks after such offer is announced, De Gruyter and Brill hereby provide this joint update on the Offer.