Zalando SE / Key word(s): IPO
29.09.2014 20:15
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN
WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
Zalando sets issue price per share at EUR 21.50
Berlin, 29 September 2014 - Zalando SE has set the issue price for its
shares at EUR 21.50 per share. The issue price is at the upper end of the
price range of EUR 18.00 to EUR 22.50. A total of 24,476,223 newly issued
shares and an over-allotment of 3,671,433 shares have been allocated as
part of the offering, amounting to a total offer volume of EUR 605 million
(including over-allotment) based on the issue price. The offering was
over-subscribed well in excess of ten times at the high end of the price
range. To the extent the Greenshoe option provided to the underwriters of
the IPO is exercised, up to 3,671,433 additional shares will be issued.
Following the offer of all offered shares and assuming the exercise of the
Greenshoe option in full, approximately 11.3 per cent of Zalando's share
capital (post-IPO) will have been issued in connection with the IPO.
The Zalando shares will be traded on the regulated market (Prime Standard)
of the Frankfurt Stock Exchange under the trading symbol ZAL, the German
Securities Code (WKN) ZAL111 and International Securities Identification
Number (ISIN) DE000ZAL1111 from 1 October 2014 onwards.
About Zalando
Zalando (https://corporate.zalando.com) believes to be Europe's leading
pure-play online retailer for shoes and fashion. Working with over 1,500
international brands, Zalando presents an extensive selection of products
for women, men and children, ranging from popular high street brands to
much sought-after designer labels. Exclusive accessories and sportswear
make up Zalando's wide range of products. A combination of unique services
- free delivery and returns, a free service helpline and a returns policy
of up to 100 days in some markets - make online shopping at Zalando a
convenient and secure online experience. The company was founded by Robert
Gentz and David Schneider in 2008 and its headquarters are located in
Berlin. Following its success in Germany, Zalando launched an Austrian site
in 2009 and shops for the Netherlands and France followed in 2010. In 2011
Zalando expanded to Italy, the UK and to Switzerland. Since 2012 Zalando
has also been available in Sweden, Belgium, Spain, Denmark, Finland,
Poland, and Norway. Deliveries were extended to Luxembourg in 2013.
Contact
Boris Radke
Head of Corporate Communications
Phone: +49 (0)30-209 68 1038
Email: Boris.Radke@zalando.de
Zalando SE
Registered at Amtsgericht Charlottenburg Berlin, HRB 158855 B
VAT-ID: DE 260543043 Tax Number: 29/560/00596
Management Board: Robert Gentz, David Schneider, Rubin Ritter
Chairperson of the Supervisory Board: Cristina Stenbeck
These materials may not be published, distributed or transmitted, directly
or indirectly, in or into the United States, Canada, Australia or Japan.
These materials do not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities of Zalando SE (the
"Company") in the United States, Germany or any other jurisdiction. The
securities of the Company may not be offered or sold in the United States
absent registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended (the "Securities Act"). The securities
of the Company have not been, and will not be, registered under the
Securities Act or under the applicable securities laws of Australia, Canada
or Japan. The distribution of this announcement may be restricted by law in
certain jurisdictions and persons into whose possession any document or
other information referred to herein comes should inform themselves about
and observe any such restrictions. Any failure to comply with these
restrictions may constitute a violation of the securities laws of any such
jurisdiction.
This publication constitutes neither an offer to sell nor a solicitation to
buy any securities of the Company. The securities of the Company have
already been sold.
No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where
action for that purpose is required. Persons into whose possession this
announcement comes are required to inform themselves about and to observe
any such restrictions.
This announcement may include statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements may be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "plans", "projects", "anticipates", "expects",
"intends", "may", "will" or "should" or, in each case, their negative or
other variations or comparable terminology, or by discussions of strategy,
plans, objectives, goals, future events or intentions. Forward-looking
statements may and often do differ materially from actual results. Any
forward-looking statements reflect the Company's current view with respect
to future events and are subject to risks relating to future events and
other risks, uncertainties and assumptions relating to the Company's
business, results of operations, financial position, liquidity, prospects,
growth or strategies. Forward-looking statements speak only as of the date
they are made. Each of the Company, the Joint Global Coordinators, the
Joint Bookrunners, and the Co-Lead Managers (all banks together, the
"Underwriters"), and their respective affiliates expressly disclaims any
obligation or undertaking to update, review or revise any forward looking
statement contained in this announcement whether as a result of new
information, future developments or otherwise.
The information contained in this announcement is for background purposes
only and does not purport to be full or complete. No reliance may be placed
for any purpose on the information contained in this announcement or its
accuracy or completeness. The information in this announcement is subject
to change.
None of the Underwriters or any of their respective directors, officers,
employees, advisers or agents accepts any responsibility or liability
whatsoever for or makes any representation or warranty, express or implied,
as to the truth, accuracy or completeness of the information in this
announcement (or whether any information has been omitted from the
announcement) or, with limited exception, other information relating to the
Company, its subsidiaries or associated companies, whether written, oral or
in a visual or electronic form, and howsoever transmitted or made available
or for any loss howsoever arising from any use of this announcement or its
contents or otherwise arising in connection therewith.
29.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Zalando SE
Tamara-Danz-StraÃe 1
10243 Berlin
Germany
Phone:
Fax:
E-mail: presse@zalando.de
Internet: https://corporate.zalando.de
ISIN: DE000ZAL1111
WKN: ZAL111
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin - Tradegate Exchange, Hamburg
Notierung vorgesehen / Intended to be listed
End of Announcement DGAP News-Service
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DGAP-Adhoc: Zalando sets issue price per share at EUR 21.50
| Source: EQS Group AG