Rocket Internet changes legal form and transforms into a Societas Europaea (SE)
- New legal form reflects the international setup of Rocket Internet while emphasizing strong links to Germany and Europe
- No change in governance structure and day-to-day operations
Berlin, Germany, 18th March 2015 - Today, Rocket Internet ("Rocket", ISIN DE000A12UKK6, RKET) changed its legal form to a Societas Europaea (SE). Rocket has been incorporated under Rocket Internet SE. With the new legal form, Rocket strikes a balance between its German and European roots and its goal of becoming the world's largest Internet platform outside of the United States and China.
Oliver Samwer, CEO of Rocket Internet said: "Rocket Internet is a truly global platform. Our network of companies covers more than 100 markets and the number keeps rising. Our more than 25,000 people are becoming more and more international. We speak an impressive variety of languages. We cover all time zones. And now, we have a legal form that fits our modern company and fully reflects its international character and ambition."
The new legal form has no impact on the company's day-to-day operations and the headquarters remain in Berlin. Rocket Internet SE will continue to be governed by a two-tier board structure consisting of the Management Board and the Supervisory Board. The composition of both boards remains unchanged.
Media Contact Rocket Internet
Andreas Winiarski, Senior Vice President Global Communications
T: +49 30 300 13 18 68
E: [email protected]
About Rocket Internet
Rocket's mission is to become the world's largest Internet platform outside of China and the United States. Rocket identifies and builds proven Internet business models and transfers them to new, underserved or untapped markets where it seeks to scale them into market leading online companies. Rocket is focused on online business models that satisfy basic consumer needs across three sectors: e-Commerce, marketplaces and financial technology.
Rocket started in 2007 and now has more than 25,000 employees across its network of companies, which operate in more than 100 countries on five continents. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). Rocket Internet SE's headquarter is located in Johannisstraße 20, 10117 Berlin, Deutschland. For further information visit www.rocket-internet.com.
This document is being presented solely for informational purposes and should not be treated as giving investment advice. It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. All and any evaluations or assessments stated herein represent our personal opinions. We advise you that some of the information is based on statements by third persons, and that no representation or warranty, expressed or implied, is made as to, and no reliance should be place on, the fairness, accuracy, completeness or correctness of this information or opinions contained herein. This presentation contains certain forward-looking statements relating to the business, financial performance and results of Rocket Internet SE, its subsidiaries and its participations (collectively, "Rocket") and/or the industry in which Rocket operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes," "expects," "predicts," "intends," "projects," "plans," "estimates," "aims," "foresees," "anticipates," "targets," and similar expressions. The forward-looking statements contained in this presentation, including assumptions, opinions and views of Rocket or cited from third party sources, are solely opinions and forecasts which are uncertain and subject to risks. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in general economic conditions, in particular economic conditions in the markets in which Rocket operates, changes affecting interest rate levels, changes in competition levels, changes in laws and regulations, environmental damages, the potential impact of legal proceedings and actions and Rocket's ability to achieve operational synergies from acquisitions. Rocket does not guarantee that the assumptions underlying the forwardlooking statements in this presentation are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or any obligation to update the statements in this presentation to reflect subsequent events. The forward-looking statements in this presentation are made only as of the date hereof. Neither the delivery of this presentation nor any further discussions of Rocket with any of the recipients thereof shall, under any circumstances, create any implication that there has been no change in the affairs of Rocket since such date. Consequently, Rocket does not undertake any obligation to review, update or confirm recipients' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the presentation. Neither Rocket Internet SE nor any other person shall assume any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or the statements contained herein as to unverified third person statements, any statements of future expectations and other forward-looking statements, or the fairness, accuracy, completeness or correctness of statements contained herein, or otherwise arising in connection with this presentation.