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BRIEF-Rocket Internet resolves on capital increase against cash contributions
February 12, 2015 / 5:48 PM / 3 years ago

BRIEF-Rocket Internet resolves on capital increase against cash contributions

Feb 12 (Reuters) - Rocket Internet AG :

* Resolves on capital increase against cash contributions

* Share capital of company will be increased to up to 165 million euros ($188 million) by issuing up to 12 million new shares

* Shareholders’ subscription rights are excluded

* New shares will be offered for purchase exclusively to institutional investors in a private placement by way of an accelerated bookbuilding process

* Number of shares to be issued and placement price are expected to be announced on Feb. 13

* Existing investors Baillie Gifford and United Internet have already confirmed their participation at placement price with an aggregate amount of about 210 million euros Source text for Eikon: Further company coverage: ($1 = 0.8767 euros) (Gdynia Newsroom)

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