KKR International Flooring Will Sell Tarkett Shares

Paris, FR, November 7, 2016—KKR International Flooring (KKR) has agreed to sell an aggregate of 6.5 million ordinary shares of Tarkett, representing 10.2% of the company’s share capital, at a price of €30.11 per share, by way of an accelerated private placement to institutional investors.

Following the placing, KKR will no longer hold any shares in Tarkett. The shareholders’ agreement entered into on November 21, 2013 between KKR and Société d’Investissement Deconinck will terminate.

KKR had been a shareholder of Tarkett since January 2007, and since the IPO three years ago, KKR final exit was expected. They have proven a valuable and long-term oriented investor: with their support, Tarkett has successfully developed the Group organically and through acquisitions, entering into new geographies and product categories.

Tarkett is controlled by the Deconinck family, which owns 50.2% of the share capital. The remainder of the share capital is owned by a variety of institutional and individual investors.