NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
COMPANY ANNOUNCEMENT
25 MAY 2018
VOLUNTARY PUBLIC TENDER OFFER FOR ALL ORDINARY SHARES OF YOOX NET-A-PORTER GROUP S.P.A.
PRESS RELEASE PURSUANT TO ARTICLE 41, PARAGRAPH 2, LETTER C) OF CONSOB REGULATION NO. 11971 OF 14 MAY 1999
Compagnie Financière Richemont SA ("Richemont"), the Swiss luxury goods group, announces that with reference to the voluntary public tender offer launched by RLG Italia Holding S.p.A. (the "Offeror") pursuant to Article 102 and Article 106, paragraph 4, of the TUF for all the issued and to be issued ordinary shares of YOOX NET-A-PORTER GROUP S.p.A. (the "Issuer" or "YNAP") other than those that the Offeror and the persons acting in concert with the Offeror already own (the "Offer"), and to the currently ongoing sell-out procedure for the fulfilment of the purchase obligation pursuant to Article 108, paragraph 2, of the TUF, as communicated to the market in the company announcement on the Offer results on 17 May 2018, on 25 May 2018 the Offeror purchased a total of 3,144,146 newly issued ordinary YNAP shares (ISIN CODE IT0003540470), arising from the exercise by the relevant beneficiaries of the stock options and the change of control stock options. This was in execution of a series of put and call agreements entered into with the Offeror by each of the relevant beneficiaries, as shown in the following table:
Date | Type of transaction | Number of YNAP ordinary shares | Price per share (EUR) |
25/05/2018 | Purchase | 2,417,147 | 38.00 |
25/05/2018 | Purchase | 400,000 | 38.00 |
25/05/2018 | Purchase | 150,000 | 38.00 |
25/05/2018 | Purchase | 30,000 | 38.00 |
25/05/2018 | Purchase | 8,000 | 38.00 |
25/05/2018 | Purchase | 66,667 | 38.00 |
25/05/2018 | Purchase | 25,000 | 38.00 |
25/05/2018 | Purchase | 15,000 | 38.00 |
25/05/2018 | Purchase | 15,000 | 38.00 |
25/05/2018 | Purchase | 4,000 | 38.00 |
25/05/2018 | Purchase | 3,333 | 38.00 |
25/05/2018 | Purchase | 3,333 | 38.00 |
25/05/2018 | Purchase | 3,333 | 38.00 |
25/05/2018 | Purchase | 3,333 | 38.00 |
Provider | Channel | Contact | ||
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EQS Group Ltd., Switzerland switzerland.eqs.com |
newsbox.ch www.newsbox.ch |
Provider/Channel related enquiries cs.switzerland@eqs.com +41 41 763 00 50 |