(The following press release from Morgan Stanley was received by e-mail.
The sender verified the statement.)
Red & Black Holding GmbH announces placement of 7 million shares in Hugo Boss AG
Oberursel, May 3, 2013. Red & Black Holding GmbH ("Red & Black"), a company
held by funds advised by Permira, announced today that it has sold 7.0 million
registered shares of its stake in Hugo Boss AG ("Hugo Boss") (ISIN
DE000A1PHFF7), an equivalent to c. 9.9% percent of the entire share capital of
Hugo Boss. Through the sale of 7.0 million shares, Red & Black's stake was
reduced to c. 56% percent.
The transaction was executed via an accelerated book building process led by
Morgan Stanley as Sole Bookrunner and Unicredit Group as Co-Bookrunner.
Red & Black has entered into a lock-up period for their remaining shareholdings
in Hugo Boss of 270 days.
Morgan Stanley Syndicate
Morgan Stanley | Global Capital Markets
20 Bank Street | Canary Wharf | Floor 05
London, E14 4AD
Phone: +44 20 7677-3276
NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or
views contained herein are not intended to be, and do not constitute, advice
within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and
Consumer Protection Act. If you have received this communication in error,
please destroy all electronic and paper copies and notify the sender
immediately. Mistransmission is not intended to waive confidentiality or
privilege. Morgan Stanley reserves the right, to the extent permitted under
applicable law, to monitor electronic communications. This message is subject
to terms available at the following link:
http://www.morganstanley.com/disclaimers If you cannot access these links,
please notify us by reply message and we will send the contents to you. By
messaging with Morgan Stanley you consent to the foregoing.
Press spacebar to pause and continue. Press esc to stop.