22.07.2016 12:00:44

USG People completes delisting and converts into a Dutch private limited liability company

Almere, the Netherlands, 22 July 2016

USG People B.V., formerly USG People N.V. ("USG People"), today announces that, as anticipated in its joint press release with Recruit Holdings Co., Ltd. (Tokyo Stock Exchange: 6098) ("Recruit") dated 27 June 2016 relating to the successful completion of the recommended public offer (the "Offer") by Recruit for all the issued and outstanding shares in the capital of USG People (the "Shares"), the listing and trading of the Shares on Euronext Amsterdam has today terminated.

As a result and further to the resolution of the general meeting of shareholders of USG People on 12 May 2016, USG People's articles of association have been amended today, to effect its conversion from a Dutch public company (naamloze vennootschap) to a Dutch private limited liability company (besloten vennootschap met beperkte aansprakelijkheid).

For more information, please contact:
Dirk Veerman
Corporate Director IR and Communications, USG People
Telephone: +31 (0)36 529 95 25
dveerman@usgpeople.com

About USG People
With revenue of € 2.6 billion in 2015 USG People is one of the largest providers of HR services in Europe with established and recognisable international brands. The brand portfolio comprises Start People, Unique, Secretary Plus, USG Professionals and Solvus. Headquartered in the Dutch city of Almere, USG People is active in Belgium, France, Germany and the Netherlands.

USG People is part of the Recruit Group. Founded in 1960, Recruit is a leading information services and human resources company in Japan. Through a wide range of services, the Recruit Group is focused on a variety of areas, including recruitment advertisement, employment placement, staffing, education, housing and real estate, bridal, travel, dining, beauty and automobiles. The Recruit Group has more than 38,000 employees and operates all over the world.

For more information on USG People or any of its operating companies, please visit www.usgpeople.com and for more information on Recruit, please visit www.recruit-rgf.com.




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: USG People NV via Globenewswire

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