Rocket Internet SE / Key word(s): Bond 15.02.2016 08:35 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. --------------------------------------------------------------------------- Rocket Internet SE: 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 Rocket Internet Decided to Use Up To EUR 150 Million for the Buyback of
Convertible Bonds Berlin, Germany, 15th February, 2016 - The Management Board of Rocket
Internet SE ('Rocket Internet' or the 'Company') decided today, February
15, to spend up to EUR 150 million on a program to repurchase senior
unsecured convertible bonds due 2022 issued by the Company (ISIN
DE000A161KH4) (the 'Bonds') during 2016. Repurchases of Bonds under the
program may commence immediately. Repurchased Bonds will be held by the
Company or cancelled. The Company's Supervisory Board approved the
repurchase program. The Company's successful divestiture of La Nevera Roja, PizzaBo and other
non-core takeaway food businesses at the beginning of February 2016
increased the available funds of Rocket Internet and its portfolio
companies by EUR 125 million. In addition, following the launch of the
Rocket Internet Capital Partners Fund in January 2016, the Company has
secured co-funding commitments from third-party investors for new
investments resulting in a further improvement of the financial flexibility
of Rocket Internet. Therefore, the Company intends to use available funds
for the repurchase of the Bonds and thereby reduce interest expenses for
outstanding Bonds. A repurchase of the Bonds will also reduce the dilution
risk faced by the shareholders. Repurchases of Bonds will be carried out using one or more banks based on
instructions given by Rocket Internet. The buyback may be suspended and
resumed at any time. Rocket Internet will make an announcement once the
repurchase program has been completed. Ends Contact Rocket Internet T: +49 30 300 13 18 68
E: [email protected] Disclaimer This document contains forward-looking statements. These statements are
based on the current views, expectations and assumptions of the management
of Rocket Internet SE ('Rocket Internet') and involve known and unknown
risks and uncertainties that could cause actual results, performance or
events to differ materially from those expressed or implied in such
statements. Actual results, performance or events may differ materially
from those described in such statements due to, among other things, changes
in the general economic and competitive environment, risks associated with
capital markets, currency exchange rate fluctuations and competition from
other companies, changes in international and national laws and
regulations, in particular with respect to tax laws and regulations, and
other factors. Rocket Internet does not assume any obligations to update
any forward-looking statements. 15.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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