Rocket Internet SE / Key word(s): Disposal 12.04.2016 07:59 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 SE Sells 9.1% Stake in Lazada for USD 137 million Berlin, Germany, April 12, 2016 - The Management Board of Rocket Internet
SE ('Rocket Internet' or the 'Company') (ISIN DE000A161KH4) decided, to
sell 44 % of its shares (9.1% on a fully diluted basis) in Lazada Group
S.A. ('Lazada') for a cash consideration of USD 137 million to Alibaba
Group Holding Limited ('Alibaba'). In addition Lazada secured USD 500
million in new funds from Alibaba at a USD 1.5 billion equity valuation. Alibaba will become the controlling shareholder of Lazada. As part of the
transaction, Rocket Internet SE has also entered into a put-call agreement
with Alibaba, giving Alibaba the right to purchase, and Rocket Internet the
right to sell the remaining fully diluted shareholding in Lazada of 8.8%,
between 12 and 18 month after the closing of the transaction at fair market
value. 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. 12.04.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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