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Delivery Hero SE
ISIN: DE000A2E4K43
WKN: A2E4K4
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Delivery Hero SE · ISIN: DE000A2E4K43 · EQS - Company News (113 News)
Country: Germany · Primary market: Germany · EQS NID: 1825513
29 January 2024 10:31PM

Delivery Hero monetizes its minority investment


EQS-News: Delivery Hero SE / Key word(s): Miscellaneous
Delivery Hero monetizes its minority investment

29.01.2024 / 22:31 CET/CEST
The issuer is solely responsible for the content of this announcement.


NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE DISCLAIMER AT THE END OF THE PRESS RELEASE.

 

Delivery Hero successfully placed c. 68 Million Class A Shares in Deliveroo PLC at GBP 1.13 per Share

 

Berlin, 29 January 2024 – Delivery Hero SE (“Delivery Hero”, the “Company”), the world’s leading local delivery platform, successfully placed c. 68 million Class A ordinary shares in Deliveroo PLC (“Deliveroo”) at a price of GBP 1.13 per share with institutional investors in an accelerated bookbuilding process (the “Placement”). This is approximately 4.5% of Deliveroo’s entire Class A share capital. The Placement is expected to settle on 1 February 2024. Following settlement, the Company will not hold any remaining shares in Deliveroo. The Placement underlines Delivery Hero’s commitment to disciplined capital allocation.

Barclays Bank Ireland PLC, Goldman Sachs Bank Europe SE and Morgan Stanley Europe SE acted on behalf of Delivery Hero as Joint Bookrunners for the Placement.

 

ABOUT DELIVERY HERO 
Delivery Hero is the world’s leading local delivery platform, operating its service in over 70 countries across Asia, Europe, Latin America, the Middle East and Africa. The Company started as a food delivery service in 2011 and today runs its own delivery platform on four continents. Additionally, Delivery Hero is pioneering quick commerce, the next generation of e-commerce, aiming to bring groceries and household goods to customers in under one hour and often in 20 to 30 minutes. Headquartered in Berlin, Germany, Delivery Hero has been listed on the Frankfurt Stock Exchange since 2017 and is now part of the MDAX stock market index. For more information, please visit www.deliveryhero.com.

 

MEDIA CONTACT

Isobel Hambleton

Corporate Communications

+49 151 54 66 00 56

press@deliveryhero.com

 

INVESTOR RELATIONS CONTACT

Christoph Bast

Head of Investor Relations

+49 160 30 13 435

ir@deliveryhero.com

 

DISCLAIMER

This release is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada or Japan. It does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada or Japan. The shares mentioned herein have not been, and will not be, registered under the US Securities Act of 1933, as amended (the “Securities Act”). The shares may not be offered or sold in the United States, except pursuant to an exemption from the registration requirements of the Securities Act.

This publication constitutes neither an offer to sell nor a solicitation to buy securities. The securities have already been sold.

This release may in the United Kingdom only be distributed to, and is only directed at, persons who are “qualified investors” within the meaning of Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, and who are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as “Relevant Persons”). This release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity in shares of the Company is available only to Relevant Persons and will be engaged in only with Relevant Persons.

The Joint Bookrunners are acting exclusively for the Seller and no-one else. They will not regard any other person as their respective clients and will not be responsible to anyone other than the Seller for providing the protections afforded to their respective clients, nor for providing advice in relation to the contents of this announcement or any transaction, arrangement or other matter referred to herein.

In connection with the placement, the Joint Bookrunners and any of their affiliates, acting as investors for their own accounts, may subscribe for or purchase securities of Deliveroo PLC and may otherwise deal for their own accounts. Accordingly, references to the securities being issued or sold should be read as including any issue, offer or sale to the Joint Bookrunners and any of their affiliates acting as investors for their own accounts. In addition the Joint Bookrunners or their respective affiliates may enter into financing arrangements and swaps with investors in connection with which the Joint Bookrunners (or their affiliates) may from time to time acquire, hold or dispose of Deliveroo PLC’s shares. The Joint Bookrunners do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.



29.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Delivery Hero SE
Oranienburger Straße 70
10117 Berlin
Germany
Phone: +49 (0)30 5444 59 105
Fax: +49 (0)30 5444 59 024
E-mail: ir@deliveryhero.com
Internet: www.deliveryhero.com
ISIN: DE000A2E4K43
WKN: A2E4K4
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, OTC QB, OTC QX, SIX, Vienna Stock Exchange
EQS News ID: 1825513

 
End of News EQS News Service

1825513  29.01.2024 CET/CEST

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Contact:
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