Rocket Internet AG / Key word(s): Financing 25.11.2014 18:10 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. --------------------------------------------------------------------------- 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 Africa eCommerce Holding GmbH Financing Round of EUR 120 million Berlin, Germany, November 25th, 2014 - Existing shareholders of Africa
eCommerce Holding GmbH ('Jumia') agreed to invest the total amount of EUR
120.0 million in Jumia. Africa Internet Holding GmbH ('Africa Internet
Group') participates in this financing round with an amount of EUR 108.3
million with the remaining EUR 11.7 million being provided by other
existing shareholders through intermediate holding company BGN Brillant
Services GmbH ('Bigfoot II'). Based on this financing round, Jumia's
post-money valuation increases from EUR 212.5 million to EUR 445.0 million
and Rocket Internet AG's ('Rocket Internet') total post-money shareholding
(all indirect stakes together) in Jumia increases from 26.9% to 28.7%. This
results in an increase in the last portfolio value (LPV) of Rocket
Internet's total stake in Jumia of EUR 70.4 million (from EUR 57.3 million
to EUR 127.7 million).
The Rocket Internet stake held through the intermediate holding Bigfoot II
decreased from 9.8% to 8.1%, but the LPV of this stake increased by EUR
15.0 million from EUR 20.8 million to EUR 35.8 million.
The Rocket Internet stake held through Africa Internet Group increased from
17.2% to 20.6% and the LPV of this stake increased by EUR 55.4 million from
EUR 36.5 million to EUR 91.9 million. For further information, please see the press release issued by Africa
Internet Group. Ends Media Contact:
Andreas Winiarski, Senior Vice President Global Communications
T: +49 30 300 13 18 68
E: [email protected] 25.11.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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