Sep 19, 2019

Royal Philips announces sale of its remaining shares in Signify

Amsterdam, The Netherlands – Today, Koninklijke Philips N.V. (“Royal Philips”) announces the launch of an accelerated bookbuild offering to institutional investors of 13.8 million shares in Signify N.V. (“Signify”) currently owned by Royal Philips (the “Offering”), representing approximately 10.7% of Signify’s issued share capital.

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2018 sales of EUR 18.1 billion and employs approximately 80,000 employees with sales and services in more than 100 countries. News about Philips can be found at

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Ben Zwirs

Ben Zwirs

Philips Global Press Office

Tel: +31 6 1521 3446

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