Rocket Internet SE / Key word(s): Investment
Ad-hoc: Order Placement in the IPO of Global Fashion Group
26-Jun-2019 / 17:26 CET/CEST
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Public disclosure of inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (market abuse regulation – MAR)
Ad-hoc: Order Placement in the IPO of Global Fashion Grou
Berlin, June 26, 2019. Rocket Internet SE (“Rocket Internet”), which currently, directly and indirectly, holds approximately 20.2% of the share capital of Global Fashion Group S.A. (“GFG”), has entered into an irrevocable commitment to place an order for shares in an amount of EUR40 million at a price of EUR4.50 per share in the initial public offering of GFG (the “IPO”). GFG has undertaken no obligation to fill the order placed under this commitment in part or in full. The price per share is below the price range originally set by GFG for the IPO.
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Rocket Internet SE (“Rocket Internet”) and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Rocket Internet does not assume any obligations to update any forward-looking statements.