Initial Public Offering (2015)

Initial Public Offering and Listing

On 6 February 2015, GrandVision N.V. listed its shares in an Initial Public Offering ("IPO") on Euronext Amsterdam. The IPO consisted of a secondary offering of 51 million shares by HAL Optical Investments B.V., an indirect subsidiary of HAL Holding NV, for a total amount of approximately €1 billion. All HAL Holding NV shares are held by HAL Trust and form the Trust's entire assets. HAL Trust units are listed on Euronext Amsterdam.

GrandVision's shares were traded at opening at an offer price of €20.00 per share. Following the IPO, 20.95% of the Company's share capital is publicly traded, with the remainder held by HAL Optical Investments B.V., GrandVision's Management Board, certain members of senior management and held as treasury shares. The shares are traded on Euronext Amsterdam with the ticker "GVNV".