Timeline

Voting rights breakdown

Notice details

Beneficial owner

Tweedy, Browne Company LLC

Date of transfer of the equity securities: Expected on or around May 16, 2014. Tweedy, Browne Company LLC ("TBC") is an investment adviser registered with the U.S. Securities and Exchange Commission (the "SEC"). TBC has been deemed to have beneficial ownership of 235'465 registered shares of PubliGroupe SA (collectively the "Shares") solely by virtue of its authority to exercise the voting rights attached to such Shares. The Shares are owned by various funds and managed accounts for clients of TBC who are the economic beneficiaries. TBC has not been an economic beneficiary owner of the Shares. TBC had been delegated voting authority pursuant to separate investment advisory agreements between TBC and each of its clients (the "TBC Clients" and the "Direct Acquirers"). Further, each TBC Client had entered into separate custody agreements with a U.S.-based custodian bank of its choosing, which bank had in turn appointed a Swiss-based subcustodian bank to hold their respective clients' positions in Swiss securities, including the Shares. TBC had instructed each U.S.-based custodian, which in turn had directed their respective Swiss-based subcustodian, as to the disposition, acquisition and exercise of voting rights for the Shares owned by the Direct Acquirers.