ERIC WILBORTS SELLS HIS ENTIRE STAKE IN BASIC-FIT

Founder and CEO Rene Moos remains fully committed to the company

Hoofddorp, 8 June 2018 - Basic-Fit announces it has been informed that Eric Wilborts has sold his 5.9% stake in Basic-Fit's outstanding share capital. The placement was carried out through an accelerated bookbuild offering to institutional investors at a price of €26.75 per share.

Eric Wilborts held his stake in Basic-Fit through AM Holding B. V., the company controlled by Basic-Fit founder and CEO Rene Moos. Following completion of the placement, AM Holding's remaining stake will be approximately 16% of Basic-Fit's outstanding share capital. AM Holding will then be fully owned by the Moos family.

Rene Moos, Basic-Fit CEO: "I remain fully committed to the company and intend to lead the execution of our successful growth strategy for the foreseeable future. I have no intentions to sell any shares and have agreed to a lock-up of 180 days."

3i Group plc via Mito Holdings S.à.r.l. has committed itself to a lock-up of 90 days.

Eric Wilborts co-founded Basic-Fit's predecessor HealthCity with Rene Moos. In 2013 Basic-Fit and HealthCity continued as two independent entities after which Eric Wilborts was no longer involved with the management of Basic-Fit.

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ABOUT BASIC-FIT

With 533 clubs, Basic-Fit is the largest fitness operator in Europe. We operate in five countries and in our clubs, more than 1.6 million members can work on improving their health and fitness. Basic-Fit operates a straightforward membership model and offers a high-quality, value-for-money fitness experience that appeals to the fitness needs of all active people who care about their personal health and fitness. A typical subscription costs €19.99 and gives people access to all our clubs in Europe and a pass which can be shared with family members.

FOR MORE INFORMATION Richard Piekaar +31 (0)23 302 23 85investor.relations@basic-fit.com

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Basic Fit NV published this content on 08 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 June 2018 05:52:04 UTC