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Nutreco: Statutory squeeze-out procedure Nutreco shares initiated

Amersfoort / Utrecht, the Netherlands, 10 April 2015 - Nutreco N.V.
("Nutreco") and SHV Investments Ltd. (the "Offeror"), an indirect wholly
owned subsidiary of SHV Holdings N.V. ("SHV"), announce that today the
Offeror initiated the final step in acquiring all issued and outstanding
ordinary shares in the capital of Nutreco (the "Shares").

After completion of its public offer for the Shares and subsequent purchases,
the Offeror, on 9 April 2015, held 66,248,961 Shares, representing
approximately 98.68% of the issued and outstanding share capital of Nutreco.
Pursuant to the statutory squeeze-out procedure (uitkoopprocedure
) that was initiated today, the Offeror seeks to acquire the 889,470 Shares
not already held by either the Offeror or Nutreco. The Offeror and Nutreco,
in the writ of summons, request the Enterprise Chamber of the Amsterdam Court
of Appeal to set the squeeze-out price at EUR 45.25 per Share, an amount
equal to the consideration offered under the public offer.
It has always been the Offeror's intention to ultimately acquire 100% of the
Shares (reference is made to paragraph 6.13 of the offer memorandum dated 5
December 2014).

Detailed information regarding the statutory squeeze-out procedure is
As announced by Nutreco and the Offeror on 18 March and 25 March 2015,
delisting will take place on 17 April 2015 and the last day that the Shares
can be traded on Euronext will therefore be 16 April 2015.

To the extent permissible under applicable law or regulation and in addition
to the Shares already held by the Offeror's affiliates, SHV, the Offeror and
its affiliates or brokers (acting as agents for SHV, the Offeror or its
affiliates, as applicable) may from time to time after the date hereof,
directly or indirectly purchase, or arrange to purchase, Shares that are the
subject of the squeeze-out procedure. To the extent information about such
purchases or arrangements to purchase must be made public in the Netherlands,
such information will be disclosed by means of a press release to inform
shareholders of such information. In addition, financial advisors to SHV may
also engage in ordinary course trading activities in securities of Nutreco,
which may include purchases or arrangements to purchase such securities.


| Media contacts |
| Mark Woldberg Joost van Klink |
| |
|Manager Media Relations Nutreco Company Secretary SHV |
|M +31 (0) 6 1503 3036 |
| |
| Investor contacts |
| Jurgen Pullens |
| |
|Director Investor Relations |
|M +31 (0) 6 5159 9483 |
| |
The full press release in Dutch is attached in the pdf below.

Statutory squeeze-out procedure Nutreco shares initiated


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nutreco via Globenewswire


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