{"id":5681,"date":"2023-08-04T05:01:11","date_gmt":"2023-08-04T05:01:11","guid":{"rendered":"https:\/\/www.torqxcapital.com\/?page_id=5681"},"modified":"2023-08-04T05:34:56","modified_gmt":"2023-08-04T05:34:56","slug":"press-release-concept","status":"publish","type":"page","link":"https:\/\/www.torqxcapital.com\/nl\/press-release-concept\/","title":{"rendered":"Press release concept"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5681\" class=\"elementor elementor-5681\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e5c7e21 elementor-section-content-middle elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4e5c7e21\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-400a8287\" data-id=\"400a8287\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58c841e4 elementor-widget elementor-widget-image\" data-id=\"58c841e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.torqxcapital.com\/nl\/\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital.jpg\" class=\"attachment-large size-large wp-image-2125\" alt=\"\" srcset=\"https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital.jpg 1024w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-400x400.jpg 400w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-150x150.jpg 150w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-768x768.jpg 768w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-200x200.jpg 200w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-600x600.jpg 600w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-800x800.jpg 800w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-720x720.jpg 720w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2017\/03\/logo-torqx-capital-300x300.jpg 300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-730897e\" data-id=\"730897e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19d19f96 elementor-nav-menu__align-end envato-kit-66-menu elementor-nav-menu--stretch elementor-nav-menu--dropdown-mobile elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"19d19f96\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;full_width&quot;:&quot;stretch&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-chevron-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;layout&quot;:&quot;horizontal&quot;,&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-horizontal e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-19d19f96\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3237\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/over-ons\/\" class=\"elementor-item\">Over ons<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3238\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/ons-team\/\" class=\"elementor-item\">Ons Team<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1297\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/onze-aanpak\/\" class=\"elementor-item\">Onze aanpak<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1298\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/bedrijven\/\" class=\"elementor-item\">Bedrijven<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4050\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/esg\/\" class=\"elementor-item\">ESG<\/a><\/li>\n<li class=\"divider menu-item menu-item-type-post_type menu-item-object-page current_page_parent menu-item-1340\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/nieuws\/\" class=\"elementor-item\">Nieuws<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3159\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/intern-programs\/\" class=\"elementor-item\">Stage programma\u2019s<\/a><\/li>\n<li class=\"last menu-item menu-item-type-post_type menu-item-object-page menu-item-1301\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/contact\/\" class=\"elementor-item\">Contact<\/a><\/li>\n<li class=\"menu-item wpml-ls-slot-2 wpml-ls-item wpml-ls-item-nl wpml-ls-current-language wpml-ls-menu-item wpml-ls-last-item menu-item-type-wpml_ls_menu_item menu-item-object-wpml_ls_menu_item menu-item-has-children menu-item-wpml-ls-2-nl\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/\" aria-current=\"page\" aria-expanded=\"false\" aria-controls=\"wpml-ls-submenu-wpml-ls-2-nl\" class=\"elementor-item\"><span class=\"wpml-ls-native\" lang=\"nl\">NL<\/span><\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item wpml-ls-slot-2 wpml-ls-item wpml-ls-item-en wpml-ls-menu-item wpml-ls-first-item menu-item-type-wpml_ls_menu_item menu-item-object-wpml_ls_menu_item menu-item-wpml-ls-2-en\"><a href=\"https:\/\/www.torqxcapital.com\/\" title=\"Overschakelen naar EN\" aria-label=\"Overschakelen naar EN\" class=\"elementor-sub-item\"><span class=\"wpml-ls-native\" lang=\"en\">EN<\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu toggle\" aria-expanded=\"false\">\n\t\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open eicon-menu-bar\"><\/i><i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close eicon-close\"><\/i>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-19d19f96\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3237\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/over-ons\/\" class=\"elementor-item\" tabindex=\"-1\">Over ons<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3238\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/ons-team\/\" class=\"elementor-item\" tabindex=\"-1\">Ons Team<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1297\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/onze-aanpak\/\" class=\"elementor-item\" tabindex=\"-1\">Onze aanpak<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1298\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/bedrijven\/\" class=\"elementor-item\" tabindex=\"-1\">Bedrijven<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4050\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/esg\/\" class=\"elementor-item\" tabindex=\"-1\">ESG<\/a><\/li>\n<li class=\"divider menu-item menu-item-type-post_type menu-item-object-page current_page_parent menu-item-1340\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/nieuws\/\" class=\"elementor-item\" tabindex=\"-1\">Nieuws<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3159\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/intern-programs\/\" class=\"elementor-item\" tabindex=\"-1\">Stage programma\u2019s<\/a><\/li>\n<li class=\"last menu-item menu-item-type-post_type menu-item-object-page menu-item-1301\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/contact\/\" class=\"elementor-item\" tabindex=\"-1\">Contact<\/a><\/li>\n<li class=\"menu-item wpml-ls-slot-2 wpml-ls-item wpml-ls-item-nl wpml-ls-current-language wpml-ls-menu-item wpml-ls-last-item menu-item-type-wpml_ls_menu_item menu-item-object-wpml_ls_menu_item menu-item-has-children menu-item-wpml-ls-2-nl\"><a href=\"https:\/\/www.torqxcapital.com\/nl\/\" aria-current=\"page\" aria-expanded=\"false\" aria-controls=\"wpml-ls-submenu-wpml-ls-2-nl\" class=\"elementor-item\" tabindex=\"-1\"><span class=\"wpml-ls-native\" lang=\"nl\">NL<\/span><\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item wpml-ls-slot-2 wpml-ls-item wpml-ls-item-en wpml-ls-menu-item wpml-ls-first-item menu-item-type-wpml_ls_menu_item menu-item-object-wpml_ls_menu_item menu-item-wpml-ls-2-en\"><a href=\"https:\/\/www.torqxcapital.com\/\" title=\"Overschakelen naar EN\" aria-label=\"Overschakelen naar EN\" class=\"elementor-sub-item\" tabindex=\"-1\"><span class=\"wpml-ls-native\" lang=\"en\">EN<\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4c9586 elementor-section-content-middle envato-kit-141-top-0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4c9586\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-156a0a07\" data-id=\"156a0a07\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-30e368f elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"30e368f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:50}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"> joint press release<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b96d97a elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"b96d97a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:100}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Update on intended public offer by Torqx for Beter Bed Holding\n<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7781792c elementor-widget-divider--view-line elementor-invisible elementor-widget elementor-widget-divider\" data-id=\"7781792c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:300}\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-69e9bf6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"69e9bf6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e04e973\" data-id=\"e04e973\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ca659da elementor-widget elementor-widget-image\" data-id=\"ca659da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"385\" src=\"https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/Beter_Bed_logo.png\" class=\"attachment-large size-large wp-image-5446\" alt=\"\" srcset=\"https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/Beter_Bed_logo.png 1024w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/Beter_Bed_logo-400x150.png 400w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/Beter_Bed_logo-768x289.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-de22ee1\" data-id=\"de22ee1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-056dbeb elementor-widget elementor-widget-image\" data-id=\"056dbeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"871\" height=\"318\" src=\"https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/logo-torqx.png\" class=\"attachment-large size-large wp-image-5449\" alt=\"\" srcset=\"https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/logo-torqx.png 871w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/logo-torqx-400x146.png 400w, https:\/\/www.torqxcapital.com\/wp-content\/uploads\/2023\/07\/logo-torqx-768x280.png 768w\" sizes=\"(max-width: 871px) 100vw, 871px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4e189908 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4e189908\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-26626fca\" data-id=\"26626fca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65dc931b elementor-widget elementor-widget-spacer\" data-id=\"65dc931b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69ab844c elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"69ab844c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:50}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">UPDATE - JOINT PRESS RELEASE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2f39d4 elementor-widget elementor-widget-text-editor\" data-id=\"a2f39d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400;\">This is a joint press release by Beter Bed Holding N.V. (&#8220;<\/span><\/i><b><i>Beter Bed Holding<\/i><\/b><i><span style=\"font-weight: 400;\">&#8221; or the &#8220;<\/span><\/i><b><i>Company<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;) and 959 B.V. (the &#8220;<\/span><\/i><b><i>Offeror<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;), a company controlled by Torqx Capital Partners B.V. (&#8220;<\/span><\/i><b><i>Torqx<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;). This joint press release is issued pursuant to the provisions of Section 7, paragraph 1 sub a of the Dutch Decree on public takeover bids (Besluit openbare biedingen Wft) (the &#8220;<\/span><\/i><b><i>Decree<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;) in connection with the intended recommended public offer by the Offeror for all the issued and outstanding shares in the capital of the Company (the &#8220;<\/span><\/i><b><i>Offer<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in the Company. Any offer will be made only by means of an offer memorandum (&#8220;<\/span><\/i><b><i>Offer Memorandum<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;<\/span><\/i><span style=\"font-weight: 400;\">)<\/span><i><span style=\"font-weight: 400;\"> approved by the Dutch Authority for the Financial Markets (Autoriteit Financi\u00eble Markten, the &#8220;<\/span><\/i><b><i>AFM<\/i><\/b><i><span style=\"font-weight: 400;\">&#8220;). This press release is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful, including the United States.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">&nbsp;<\/span><\/i><\/p>\n<h4><b>Update on intended public offer by Torqx for Beter Bed Holding<\/b><\/h4>\n<p><b>Uden\/Bussum, the Netherlands, 4 August 2023 \u2013<\/b><span style=\"font-weight: 400;\"> Reference is made to the joint press release issued by Beter Bed Holding and Torqx on 10 July 2023 in respect of the conditional agreement on a recommended all-cash public offer to be made by the Offeror for all the issued and outstanding shares in the capital of Beter Bed Holding (each a &#8220;<\/span><b>Share<\/b><span style=\"font-weight: 400;\">&#8220;) at an offer price of EUR 6.10 per Share (cum dividend).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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 the offer is announced, Beter Bed Holding and Torqx hereby provide this joint update on the Offer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Beter Bed Holding and Torqx confirm that they are making good progress on the preparations for the Offer. A request for review and approval of the Offer Memorandum will be filed with the AFM no later than the second half of September 2023.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Beter Bed Holding and Torqx confirm that the competition clearance process with the Dutch Authority for Consumers and Markets (<\/span><i><span style=\"font-weight: 400;\">Autoriteit Consument &amp; Markt<\/span><\/i><span style=\"font-weight: 400;\">) is ongoing. Beter Bed Holding and Torqx are closely co-operating to obtain the competition clearance and expect that clearance will be secured within the timetable of the Offer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In compliance with the Dutch Works Councils Act (<\/span><i><span style=\"font-weight: 400;\">Wet op de ondernemingsraden<\/span><\/i><span style=\"font-weight: 400;\">), the joint works council of Beter Bed Holding\u2019s group in the Netherlands has been requested to render its advice on the intended decision of Beter Bed Holding\u2019s management board to recommend the Offer and support the transaction.<\/span><\/p>\n<p><b>For more information:<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><u>Press enquiries Beter Bed Holding&nbsp;<\/u><\/span><\/p>\n<p>Uneke Dekkers \/ Ruben Cardol<br><span style=\"color: var( --e-global-color-text );\">M +31 (0)6 50261626 \/ 31 (0)6 55358427<br><\/span><span style=\"color: var( --e-global-color-text );\">E&nbsp; <a href=\"mailto:uneke.dekkers@cffcommunications.nl\">uneke.dekkers@cffcommunications.nl<\/a><br><\/span><span style=\"color: var( --e-global-color-text );\">E&nbsp; <a href=\"mailto:ruben.cardol@cffcommunications.nl\">ruben.cardol@cffcommunications.nl<\/a><\/span><\/p>\n<p><\/p>\n<p><span style=\"font-weight: 400;\"><u>Press enquiries Torqx&nbsp;<\/u><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Confidant Partners<br><\/span><span style=\"color: var( --e-global-color-text );\">+31 (0) 20 303 60 20&nbsp;<br><\/span><span style=\"color: var( --e-global-color-text );\">E <\/span><a style=\"background-color: #f4f4f5;\" href=\"mailto:sabine.post@confidantpartners.com\">sabine.post@confidantpartners.com<\/a><span style=\"color: var( --e-global-color-text );\">&nbsp;<br><\/span><span style=\"color: var( --e-global-color-text );\">E <\/span><a style=\"background-color: #f4f4f5;\" href=\"mailto:frans.vandergrint@confidantpartners.com\">frans.vandergrint@confidantpartners.com<\/a><span style=\"color: var( --e-global-color-text );\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><b>About Beter Bed Holding&nbsp;<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Beter Bed Holding is the Netherlands\u2019 leading sleep specialist in retail, wholesale and B2B, with a simple mission: &#8220;<\/span><i><span style=\"font-weight: 400;\">We believe that the better we sleep, the <\/span><\/i><b><i>happier, healthier<\/i><\/b><i><span style=\"font-weight: 400;\"> and <\/span><\/i><b><i>more productive<\/i><\/b><i><span style=\"font-weight: 400;\"> we are. And we won\u2019t rest until everyone gets the high-quality sleep they deserve.<\/span><\/i><span style=\"font-weight: 400;\">&#8220;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Listed on Euronext Amsterdam, the Company operates the successful retail brands Beter Bed, Beddenreus, the subscription brand Leazzzy and the digital organisation LUNEXT. In addition, through its subsidiary DBC International, the Company has a wholesale business in branded products in the bedroom furnishings sector, which includes the well-known international brands M line and Simmons.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With four distribution centres, a fleet of 80 vehicles, 130 stores, a fast-growing online presence, and a wholesale company our team of over 1,000 dedicated employees generated EUR 229.4 million revenue in 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Providing expert sleep advice is at the very heart of the Company\u2019s strategy, and thanks to its revolutionary \u2018Beter Slapen ID\u2019 tool, its sleep consultants help customers to get the perfect night\u2019s sleep. The Company is proud that M line is the official sleep supplier of AFC Ajax, TeamNL, Jumbo-Visma, NOC*NSF and the KNVB.<\/span><\/p>\n<p><b>About Torqx Capital Partners<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Torqx Capital Partners is a Benelux investment firm focused on medium-sized companies with potential to accelerate. Situations include growth-, buy-and-build-, and transformational investments across a range of industries. Torqx acquires majority positions, often in partnership with co-shareholders and management, offering the companies smart capital, network, expertise and talent to support implementation of their plans and achieve their full potential. The Torqx team consists of 15 highly experienced and skilled professionals who look beyond spreadsheets and understand what it takes to build businesses and accelerate momentum. Torqx currently invests out of funds with EUR 380 million committed capital backed by highly reputable international institutional investors and the Torqx team itself.<\/span><\/p>\n<p><b>General restrictions<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">The information in this announcement is not intended to be complete. This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice or an inducement to enter into investment activity. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire the securities of the Company in any jurisdiction.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">The distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, the Offeror and the Company disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither the Company, nor the Offeror, nor any of their advisors assume any responsibility for any violation by any person of any of these restrictions. The Company shareholders in any doubt as to their position should consult an appropriate professional advisor without delay. This announcement is not to be released, published or distributed, in whole or in part, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful, including in or to the United States.<\/span><\/i><\/p>\n<p><b>Forward-looking statements<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">This press release may include &#8220;forward-looking statements&#8221; and language that indicates trends, such as &#8220;anticipated&#8221; and &#8220;expected&#8221;. Although the Company and the Offeror believe that the assumptions upon which their respective financial information and their respective forward-looking statements are based are reasonable, they can give no assurance that these assumptions will prove to be correct. Neither the Company, nor the Offeror, nor any of their advisors accept any responsibility for any financial information contained in this press release relating to the business or operations or results or financial condition of the other or their respective groups.<\/span><\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>joint press release Update on intended public offer by Torqx for Beter Bed Holding UPDATE &#8211; JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. (&#8220;Beter Bed Holding&#8221; or the &#8220;Company&#8220;) and 959 B.V. (the&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"_acf_changed":false,"footnotes":"","_wp_rev_ctl_limit":""},"class_list":["post-5681","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Press release concept - Torqx Capital<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Press release concept - Torqx Capital\" \/>\n<meta property=\"og:description\" content=\"joint press release Update on intended public offer by Torqx for Beter Bed Holding UPDATE &#8211; JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. 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