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    DGAP-News  674  0 Kommentare Rocket Internet AG: Lazada Group GmbH Financing Round of EUR 200 million


    Rocket Internet AG / Key word(s): Financing

    29.11.2014 08:30

    Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
    Group AG.
    The issuer / publisher is solely responsible for the content of this announcement.

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    Quasi Ad-hoc Announcement Pursuant to Sec. 19 para. 1 lit. c) of the
    General Terms and Conditions of Deutsche Börse AG for the Regulated
    Unofficial Market (Freiverkehr) on Frankfurter Wertpapierbörse

    Lazada Group GmbH Financing Round of EUR 200 million

    Berlin, Germany, 29th November 2014 - Existing and new shareholders of
    Lazada Group GmbH ("Lazada") agreed to invest a total amount of EUR 200.0
    million in Lazada. Temasek, an investment company based in Singapore, leads
    this financing round. Rocket Internet AG ("Rocket Internet") participates
    as an existing shareholder of Lazada with an amount of EUR 15.3 million.
    Based on this financing round, Lazada's post-money valuation of EUR 504.4
    million increases to EUR 957.8 million (or EUR 1 billion considering 100%
    of Lazada's business). Rocket Internet's total shareholding (direct and
    indirect) in Lazada changes from 26.7% to 23.8%. This results in an
    increase in the last portfolio value ("LPV") of Rocket Internet's stake in
    Lazada by EUR 93.3 million (from EUR 134.7 million to EUR 228.0 million).

    For further information, please see the press release issued by Lazada
    today.

    Ends

    Media Contact:
    Andreas Winiarski, Senior Vice President Global Communications
    T: +49 30 300 13 18 68
    E: andreas.winiarski@rocket-internet.com


    29.11.2014 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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    DGAP-News Rocket Internet AG: Lazada Group GmbH Financing Round of EUR 200 million Rocket Internet AG / Key word(s): Financing 29.11.2014 08:30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. …