Just Eat Regulatory News (JE.)

FTSE Russell notes the scheme of arrangement in relation to the all-share combination of Takeaway.com (Netherlands, BYQ7HZ6, GEIS Mid Cap) and Just Eat (UK, BKX5CN8, GEIS Mid Cap, FTSE 250), whereby Just Eat shareholders will receive 0.09744 Takeaway.com shares for each share held, and the combined group will be renamed Just Eat Takeaway.com.

Further to the FTSE Russell notice published 05 August 2019, Just Eat Takeaway.com will be assigned a UK nationality for FTSE Russell Index inclusion purposes, and will replace Just Eat in the FTSE UK series at its full investable market capitalisation.

Subject to shareholder approval (Court and General Meetings scheduled for 04 December 2019) and based on the current timetable, FTSE Russell anticipates the following treatment:

Monday 30 December 2019:

Last day of trade in Just Eat.

Tuesday 31 December 2019:

Half day trading on the London Stock Exchange.

Just Eat will retain its index memberships temporarily; at market close its price will be updated to reflect the equivalent of the combination terms, based on the close price of Takeaway.com on the European Quoting Service on the London Stock Exchange (BYT3WW3) converted using the Monday 30 December 2019 4pm WM/R spot rate.

Wednesday 01 January 2019:

London Stock Exchange and Euronext Amsterdam market holiday.

Thursday 02 January 2019:

The enlarged Just Eat Takeaway.com will be admitted to trading on the London Stock Exchange. Accordingly, Takeaway.com will affect name and code updates to reflect the combined entity, Just Eat Takeaway.com, and will price using the London Stock Exchange listing.

The close price of Just Eat will be updated to reflect the combination terms using the close price of Just Eat Takeaway.com on the London Stock Exchange.

Friday 03 January 2019 (from market open):

Just Eat will be deleted from all FTSE Russell Indexes.

Just Eat Takeaway.com shares will be updated in accordance with the combination terms and its nationality will be updated from Netherlands to UK within the Global Equity Index Series. Just Eat Takeaway.com will replace Just Eat in the FTSE UK Index Series (including the FTSE 250 Index) at its full investable market capitalisation.

FTSE Russell also notes the cash offer for Just Eat by Prosus (Netherlands, BJDS7L3, GEIS Large Cap) whereby Just Eat shareholders are being offered GBP 7.10 for every Just Eat share held. FTSE Russell will continue to monitor both transactions for updates.

Further notices will be released in due course.

For further information please contact FTSE Russell Client Services at info@ftserussell.com or call:

Alternatively please visit our website at www.ftserussell.com

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