DGAP-News

Zalando SE: ZALANDO SE PLANS TO BUY BACK 20.000 SHARES FOR EMPLOYEE INCENTIVE-PROGRAM

DGAP-News: Zalando SE / Key word(s): Share Buyback
Zalando SE: ZALANDO SE PLANS TO BUY BACK 20.000 SHARES FOR EMPLOYEE
INCENTIVE-PROGRAM

01.12.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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BERLIN, 1 DECEMBER 2016 // The management board of Zalando SE today
announced the decision to repurchase 20,000 of its own shares in the stock
market for a total purchase price of approximately EUR 0.7 million
(estimate based on the most recent closing price) for the sole purpose of
meeting the obligations arising from employee participation programs. The
repurchases will occur from 1 December 2016 until 16 December 2016.



NOTES TO EDITORS

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe's leading online fashion
platform for women, men and children. We offer our customers a one-stop,
convenient shopping experience with an extensive selection of fashion
articles including shoes, apparel and accessories, with free delivery and
returns. Our assortment of over 1,500 international brands ranges from
popular global brands, fast fashion and local brands, and is complemented
by our private label products. Our localized offering addresses the
distinct preferences of our customers in each of the 15 European markets we
serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy,
Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and
the United Kingdom. Our logistics network with four centrally located
fulfillment centers in Germany allows us to efficiently serve our customers
throughout Europe, supported by a warehouse in Northern Italy with a focus
on local customer needs. We believe that our integration of fashion,
operations and online technology give us the capability to deliver a
compelling value proposition to both our customers and fashion brand
partners. Zalando's shops attract about 160 million visits per month. In
the third quarter of 2016, more than 65 percent of traffic came from mobile
devices, resulting in 19.2 million active customers by the end of the
quarter.


CONTACT ZALANDO
René Gribnitz / Vice President Communications
[e-mail]
[phone]


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01.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Zalando SE
Tamara-Danz-Straße 1
10243 Berlin
Germany
E-mail: [e-mail]
Internet: https://corporate.zalando.de
ISIN: DE000ZAL1111
WKN: ZAL111
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange


End of News DGAP News Service
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