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    DGAP-News  911  0 Kommentare Rocket Internet Prices IPO At Top of Price Range


    DGAP-News: Rocket Internet AG / Key word(s): IPO
    Rocket Internet Prices IPO At Top of Price Range

    01.10.2014 / 19:45

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    Rocket Internet Prices IPO At Top of Price Range

    Berlin, Germany, 1 October 2014 - Rocket Internet AG ("Rocket" or the
    "Company") today announces the successful pricing of its initial public
    offering (the "IPO") at EUR42.50 per share. At the issue price of EUR42.50
    per share, and assuming the full exercise of the underwriting banks' option
    in connection with the over-allotment (the "Greenshoe Option"), Rocket has
    a market capitalization of approximately EUR6.7 billion. The offering was
    over-subscribed well in excess of ten times at the top end of the price
    range.

    A total of 32,941,177 newly issued shares and an over-allotment of
    4,941,176 shares have been allocated as part of the offering.

    The Offer is expected to raise gross proceeds of EUR1.4 billion for the
    Company assuming no exercise of the Greenshoe Option, and EUR1.6
    billion assuming exercise in full of the Greenshoe Option. The Offer
    represents 21.5% of the Ordinary Shares of the Company assuming no
    exercise of the Greenshoe Option and 24.0% assuming exercise in full of
    the Greenshoe Option.

    No existing shareholders have sold any shares in the IPO. Rocket shares
    will trade on the Entry Standard of the Frankfurt Stock Exchange starting
    on 2 October 2014 under the ticker symbol "RKET" (ISIN: DE000A12UKK6; WKN:
    A12UKK).

    Oliver Samwer, CEO and Founder of Rocket Internet, said:
    "We are very pleased with the positive response we have had from investors
    and their confidence in the strength of our business model, track record
    and growth prospects. I believe Rocket is extremely well placed to capture
    the opportunities for the growth of Internet commerce, particularly in the
    emerging markets, and to become the leading global Internet platform
    outside the US and China."


    Rocket has committed to lock-up obligations for a period of six months
    starting from the first day the shares are traded. Rocket's existing
    investors Global Founders, Investment AB Kinnevik, Philippine Long Distance
    Telephone Company, Access Industries, United Internet and HV Holtzbrinck
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    DGAP-News Rocket Internet Prices IPO At Top of Price Range DGAP-News: Rocket Internet AG / Key word(s): IPO Rocket Internet Prices IPO At Top of Price Range 01.10.2014 / 19:45 --------------------------------------------------------------------- NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR …