Transactions relating to shares of the Radisson Hospitality AB

HNA Tourism and a consortium, led by Jin Jiang International Holdings Co., Ltd. («The consortium«), has earlier today announced that the Consortium entered into agreements, inter alia, with respect to the acquisition by the Consortium of the shares in the Radisson Hospitality AB (publ) («Radisson Hospitality AB«).

Radisson Hospitality ltd has no additional information, beyond what’s stated in the press notice published by the HNA Tourism and the Consortium, on the transactions or a possible public budpliktserbjudande to the other shareholders of the Radisson Hospitality AB

Below is an extract of the complete press release (note that the text below is an unofficial English translation of the original English press release published by HNA Tourism and the Consortium which has been prepared by the Radisson Hospitality AB):

Unofficial English translation

«The consortium led by Jin Jiang agreements to acquire shares in the Radisson Hospitality AB and the subsequent acquisition of the Radisson Holdings

A consortium led by Jin Jiang International Holdings Co., Ltd. («Jin Jiang International»), («Buyer»), has today entered into an agreement with Radisson Hospitality Inc. («Radisson Hospitality») to acquire 51,15% of the outstanding shares and votes in the Radisson Hospitality AB (publ) («Radisson AB»), whose shares are listed on Nasdaq Stockholm, as well as an agreement with HNA Sweden-Hospitality Management AB («HNA Sweden»), an indirect wholly-owned subsidiary of HNA Tourism Group Co., Ltd. («HNA Tourism»), to acquire up to an additional 18,50 per cent of the shares and votes in the Radisson AB the Purchaser has also entered into an agreement with HNA Hotel Group (Hong Kong) Co., Ltd. («HNA Hotel HK») and HNA Sweden, an indirect wholly-owned subsidiary of HNA Tourism, to acquire all of the shares in the Radisson Holdings, Inc. («Radisson » Holdings») after the completion of the sale of the shares in the Radisson AB

The transaction

In accordance with the agreement governing the sale of the shares in the Radisson AB, the Purchaser shall acquire 51,15% of the Radisson AB from Radisson Hospitality («the Transaction«). The price per share in the Transaction is sek 35. The transaction is subject to receipt of regulatory approvals and other customary terms and conditions for implementation, and is expected to be implemented by the end of 2018.

In accordance with the agreement with HNA Sweden refer to the Buyer, in addition to the shares acquired in the Transaction, to acquire up to 18,50% of the outstanding shares and votes in the Radisson AB HNA Sweden in the past has pledged and transferred to a lender as security under a loan and a pledge agreement.

In accordance with the agreement governing the sale of the Radisson Holdings, the Buyer, after the closing of the Transaction, acquire all the 100% of the shares in the Radisson Holdings from HNA Hotel (HK) and HNA Sweden. The transaction is subject to receipt of regulatory approvals and other customary terms and conditions for implementation, and is expected to be implemented by the end of 2018.

J. P. Morgan Securities (Asia Pacific) Limited acted as the sole financial advisor, to a wholly owned subsidiary of HNA Group Co., Ltd. the applicable Transaction.

Public mandatory offer

Provided that the Transaction is carried out, the Purchaser will, in accordance with the Swedish rules applicable to public takeover offers, to be obliged to submit a public mandatory offer for the outstanding shares in the Radisson AB within four weeks after the completion of the Transaction, unless the ownership of the Radisson AB is reduced to under 30 per cent. The buyer will provide additional information on a public mandatory offer in the usual way in connection with the Transaction implementation.

Information about Jin Jiang International

With headquarters in Shanghai, the Jin Jiang International is a leading chinese hotels and resekoncern that develops and manages hotels in China and the rest of the world.»

This information is such information as the Radisson Hospitality AB (publ) is obliged to publish under the EU marknadsmissbruksförordning. The information was submitted, through the following contacts in the government, for publication on 9 August 2018 at 22:15 CEST.

For more information, please contact:

KNUT KLEIVEN

Deputy President & CFO

knut.kleiven@radissonhotels.com

EVA-MARIA ERAUW

Executive Vice President & General Counsel

eva-maria.erauw@radissonhotels.com

ABOUT RADISSON HOSPITALITY AB

Radisson Hospitality AB (publ) [formerly Rezidor Hotel Group AB (publ)], listed on Nasdaq Stockholm, is one of the largest hotellbolagen in Europe, the Middle east and Africa (EMEA).

Radisson Hopitality AB is a part a the Radisson Hotel Group, the eleventh largest in the world. Through a huvudfranchiseavtal with Radisson Hospitality Inc. The united states develops and operates Radisson Hospitality AB hotellvarumärkena the Radisson Collection, Radisson Blu, Radisson, Radisson RED and Park Inn by Radisson across the whole of EMEA; together with the Radisson Rewards is a rewards program for regulars. Ago 2015 owns the Radisson Hospitality AB 49% of the prizeotel.

Radisson Hospitality AB’s hotellportfölj includes 486 hotels with more than 107,136 rooms in operation and under development across EMEA. Radisson Hospitality AB and its brands employ 45 000+ employees. Radisson Hospitality AB has a verksamhetsledande Responsible Business Program and then, in 2010, named one of the world’s most ethical companies by the american think-tank Etisphere. Radisson Hospitality AB’s head office is located in Brussels, Belgium.

For more information about Radisson Hospitality AB, se www.radissonhospitalityab.com

For more information about the Radisson Hotel Group, see www.radissonhotelgroup.com

Press release (PDF)

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: Radisson Hospitality AB via Globenewswire

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