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BRIEF-Kinnevik says completed placement of Rocket Internet shares
June 8, 2017 / 6:15 AM / in 4 months

BRIEF-Kinnevik says completed placement of Rocket Internet shares

June 8 (Reuters) - Kinnevik

* Says has completed placement of approximately 10.9 million shares in Rocket Internet to institutional investors by way of an accelerated bookbuilding process

* Says placement price is EUR 20 per share

* Kinnevik’s gross proceeds from the transaction will amount to EUR 217 mln

* Shares in Rocket Internet seen down 3.4 pct in early trade in Frankfurt after Kinnevik sells shares Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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