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DGAP-News: Rocket Internet SE / Key word(s): Financing

20.12.2016 / 10:15
The issuer is solely responsible for the content of this announcement.


 

Rocket Internet SE Agrees to EUR 85 Million Financing Round at HelloFresh at a EUR 2 Billion Valuation

Berlin, Germany, December 19, 2016 - Rocket Internet SE ("Rocket Internet" or the "Company") (ISIN DE000A12UKK6) has agreed in its capacity as shareholder to an equity financing round at HelloFresh SE ("HelloFresh"). A new globally leading investor, together with the existing shareholder Baillie-Gifford will contribute new capital in the aggregate amount of EUR 85 million. The financing round implies a EUR 2.0 billion pre-money valuation of HelloFresh. Rocket Internet's stake in HelloFresh will decrease from c. 56% to c. 53% post the transaction.

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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.




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20.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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