OREANDA-NEWS. On 20 May 2016, HNA Aviation (Hong Kong) Air Catering Holding Co., Ltd., Hong Kong ("HNA Aviation Air Catering"), a subsidiary of HNA Group Co., Ltd., published the offer prospectus on the public tender offer for all publicly held shares of gategroup Holding AG ("gategroup Shares").

Up to the expiration of the initial acceptance period on 1 July 2016, 4.00 p.m. CEST, a total of 16,414,959 gategroup Shares have been tendered into the offer, corresponding to 61,28% of all listed gategroup Shares as of 1 July 2016 respectively 61,76% of the 26,576,558 gategroup Shares that are object of the offer as of 1 July 2016 (success rate). This interim result is preliminary. The definitive notice of the interim result will be published on 7 July 2016.

Further details are included in the provisional notice of the interim result published by HNA today.

About HNA

HNA, a Fortune 500 Company and a leader in aviation and tourism, was founded in 1993. Over the past two decades, it has grown from a local aviation transportation operator into a multinational conglomerate encompassing aviation, airport management, financial services, real estate, retail, tourism, and logistics. In 2015, HNA had revenues of RMB190 billion (CHF28.5 billion), total assets of RMB600 billion (CHF90 billion) and employed more than 180,000 employees worldwide. As of December 2015, HNA has a fleet of over 820 aircrafts, serves nearly 700 domestic and international routes, flies to over 200 cities, and has served 77.4 million passengers annually. It operates and manages, among others, Hainan Airlines, Tianjin Airlines, Deer Jet, Lucky Air, Capital Airlines, West Air, Fuzhou Airlines, Urumqi Air, Beibu Gulf Airlines, Yangtze River Airlines, Guilin Airlines, My CARGO, Africa World Airlines, and Aigle Azur.

About gategroup

gategroup is the leading independent global provider of products, services and solutions relating to a passenger’s onboard experience. It specializes in catering and hospitality; provisioning and logistics; and onboard products and services to companies that serve people on the move. In 2015, gategroup achieved a total revenue of CHF3.0 billion and an adjusted EBITDA of CHF169.4 million. The company currently employs more than 28,000 people worldwide.