NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR TO U.S. PERSONS (AS DEFINED BELOW). THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO ACQUIRE SECURITIES, OR AN OFFER OF SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION.
Kinnevik AB (publ) today announced the initiation of a so-called accelerated bookbuilding process by Kinnevik Internet Lux S. à r.l. (“Kinnevik”), directed to institutional investors (the”Transaction”) for the sale of approximately 10.9 million shares (the”Placeringsaktierna”) in Rocket Internet to SEE (the”Company”). Placeringsaktierna corresponds to 6.6 percent of the Company’s issued share capital and constitute the entire Kinnevik’s shareholding in the Company.
Jn. Berenberg, Gossler & Co. KG (“Berenberg“) is the Sole Bookrunner in the Transaction. The price for Placeringsaktierna is the subject of agreement between Berenberg and the Kinnevik at the completion of the bookbuilding process, and the outcome of the Transaction will be published as soon as practicable thereafter. The transaction is subject to certain customary conditions.
This information is such information that Kinnevik AB (publ) is obliged to publish under the EU marknadsmissbruksförordning. The information was submitted, through the following contact person in the government, for publication on 7 June 2017, there is a 17.40 ms CET.
For further information, please visit www.kinnevik.com or contact:
Torun Litzén, Information and IR manager
Telephone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83
Kinnevik is a sektorfokuserat investment company that is passionate about entrepreneurship. Together with driven founders and business leaders, we build digital konsumentbolag that offers people more and better choices. We create, invest in and lead the rapidly growing businesses in both developed and emerging markets. We believe in delivering both shareholder value and social value, and by building well-governed companies that contribute positively to society. Kinnevik was founded in 1936 by the families of Stenbeck, Klingspor and von Horn. Kinnevik’s shares are traded on Nasdaq Stockholm’s list for large cap companies under the ticker CLASS A and CLASS B.
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL, OR INVITATION OF AN OFFER TO ACQUIRE, SECURITIES IN THE UNITED STATES. THE SECURITIES MENTIONED HEREIN HAVE NOT, AND WILL NOT BE, REGISTERED IN ACCORDANCE WITH THE APPLICABLE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE”SECURITIES ACT“), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO, OR FOR THE BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) WITHOUT BEING REGISTERED, WITH THE EXCEPTION OF THE IN ACCORDANCE WITH AN EXEMPTION FROM THE REGUSTERING UNDER THE SECURITIES ACT OR IN CIRCUMSTANCES WHICH DO NOT REQUIRE THAT THE COMPANY RECORDS IN ACCORDANCE WITH THE APPLICABLE U.S. INVESTMENT COMPANY ACT OF 1940 (“INVESTMENT COMPANY ACT“). THE COMPANY HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE INVESTMENT COMPANY ACT. NO PUBLIC OFFERING OF THE PLACERINGSAKTIERNA WILL BE PROVIDED IN THE UNITED STATES.
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OF SECURITIES OR INVESTMENTS FOR SALE OR INVITATION IN RESPECT OF OFFER TO ACQUIRE SECURITIES OR INVESTMENTS IN ANY JURISDICTION IN WHICH SUCH OFFER OR INVITATION WOULD BE UNLAWFUL. NO ACTION HAS BEEN TAKEN TO PERMIT OR ALLOW AN OFFER OF SECURITIES OR POSSESSION OR DISTRIBUTION OF THIS PRESS RELEASE IN ANY JURISDICTION WHERE ANY ACTION FOR SUCH PURPOSE IS NECESSARY. PEOPLE WHO ACCESS THIS PRESS RELEASE MUST INFORM THEMSELVES ABOUT AND OBSERVE SUCH RESTRICTIONS. FAILURE TO COMPLY WITH SUCH RESKRIKTIONER COULD CONSTITUTE A BREACH OF SECURITIES LAWS IN SUCH JURISDICTIONS.
PLACERINGSAKTIERNA IS NOT OFFERED TO THE PUBLIC IN ANY JURISDICTION, AND MAY NOT BE OFFERED TO THE PUBLIC IN ANY JURISDICTION IN CIRCUMSTANCES WHICH WOULD REQUIRE THE PREPARATION OR REGISTRATION OF ANY PROSPECTUS OR ANY OFFER DOCUMENT RELATING TO THE PLACERINGSAKTIERNA IN SUCH JURISDICTION. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER FOR SALE OF SECURITIES IN ANY JURISDICTION, INCLUDING THE UNITED STATES, CANADA, SOUTH AFRICA, AUSTRALIA OR JAPAN. NEITHER THIS PRESS RELEASE OR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS FOR, OR SHOULD IT BE RELIED ON IN CONNECTION WITH, ANY OFFER OR THE ACQUISITION IN ANY JURISDICTION AND SHALL NOT CONSTITUTE, IN WHOLE OR IN PART, AN OFFER TO SELL OR INVITATION OF AN OFFER TO ACQUIRE ANY OF THE SECURITIES IN THE UNITED STATES OR IN ANY OTHER JURISDICTION.
OF THE MEMBER STATES IN THE EUROPEAN ECONOMIC AREA WHICH HAS IMPLEMENTED THE PROSPECTUS DIRECTIVE (EACH A “MEMBER STATE“) IS ADDRESSED TO THIS COMMUNICATION AND MAY IN THE FUTURE OFFER ONLY TO “QUALIFIED INVESTORS” ACCORDING TO PROSPEKTDIREKTIVETS DEFINITION (“QUALIFIED INVESTORS“). FOR THESE PURPOSES, THE TERM “PROSPECTUS DIRECTIVE” DIRECTIVE 2003/71/EC (TOGETHER WITH ANY AMENDMENTS THERETO, INCLUDING DIRECTIVE 2010/73/EU, TO THE DEGREE THEY ARE IMPLEMENTED IN THE MEMBER STATE) AND INCLUDES ANY IMPLEMENTERINGSÅTGÄRDER IN THE RELEVANT MEMBER STATE.
IN THE UK BE TARGETED THIS PRESS RELEASE ONLY TO QUALIFIED INVESTORS (I) WHO HAVE PROFESSIONAL EXPERIENCE IN BUSINESS RELATING TO INVESTMENTS AND WHO FALL WITHIN THE DEFINITION OF “INVESTMENT PROFESSIONALS” IN ARTICLE 19(5) IN THE CURRENT UK FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (“THE REGULATION“); OR (II) WHO FALL WITHIN ARTICLE 49(2)(A)-(D) IN THE PROVISION, AND (III) TO WHOM IT OTHERWISE LAWFULLY MAY BE COMMUNICATED.
IN CONNECTION WITH THE TRANSACTION IN BERENBERG (THE”MANAGER“) AND ANY OF ITS SUBSIDIARIES OR GROUP COMPANIES TAKE A SHARE OF THE PLACERINGSAKTIERNA AS A POSITION AND CAN IN THIS CAPACITY FOR THEIR OWN ACCOUNT HOLD, BUY OR SELL SUCH PLACERINGSAKTIER. IN ADDITION, CAN THE MANAGER OR ITS SUBSIDIARIES OR GROUP COMPANIES ENTER INTO FINANCING ARRANGEMENTS AND SWAPS WITH INVESTORS IN CONNECTION WHICH THE MANAGER (OR ITS SUBSIDIARIES OR AFFILIATES) MAY FROM TIME TO TIME ACQUIRE, RETAIN OR DISPOSE OF THE PLACERINGSAKTIER. THEY DO NOT INTEND TO DISCLOSE THE EXTENT SUCH INVESTMENT OR TRANSACTION OTHERWISE THAN IN ACCORDANCE WITH LEGAL OR REGULATORY REQUIREMENTS.
THERE CAN BE NO ASSURANCE THAT ANY SECURITIES WILL BE SOLD BY REASON OF THE TRANSACTION.
THE MANAGER IS ACTING ONLY FOR KINNEVIK AND NO ONE ELSE IN CONNECTION WITH THE TRANSACTION AND WILL NOT BE LIABLE IN RELATION TO ANY OTHER PERSON FOR PROVIDING THE PROTECTION THAT IS PREPARED FOR THE MANAGERS ‘ CLIENTS OR FOR THE RÅDIGNING IN CONNECTION WITH THE TRANSACTION.