MORGAN STANLEY PLACING UP TO 3,879,609 ORDINARY SHRS IN DUFRY
(The following is a reformatted version of a statement issued by Morgan Stanley and received via electronic mail. The release was confirmed by the sender.)
PROPOSED PLACING OF ORDINARY SHARES IN DUFRY AG
15 January 2013 - Global Retail Group S.à r.l (the “Seller”), a company indirectly owned by funds managed by Advent International Corporation, has appointed Morgan Stanley & Co. International plc to act as Bookrunner in an accelerated bookbuilt offering of 3,879,609 shares of Dufry AG being offered by the Seller (the “Placing”). The shares represent approximately 13.07% of Dufry’s share capital. The offering comprises the Seller’s entire stake in Dufry AG. Books for the Placing open immediately. A further announcement will be made following closing of the books and pricing of the Placing.