DGAP-News: Rocket Internet SE Sells 9.1% Stake in Lazada for USD 137 million

Corporate News: Rocket Internet SE / Key word(s): Disposal
Rocket Internet SE Sells 9.1% Stake in Lazada for USD 137 million

12.04.2016 / 07:59
Dissemination of a Corporate News.
The issuer is solely responsible for the content of this announcement.


Rocket Internet SE: Quasi Ad hoc Announcement pursuant to Sec. 19 para. 1 lit.
c) of the General Terms and Conditions of Deutsche Börse AG for the Regulated
Unofficial Market (Freiverkehr) on Frankfurter Wertpapierbörse

Rocket Internet SE Sells 9.1% Stake in Lazada for USD 137 million

Berlin, Germany, April 12, 2016 - The Management Board of Rocket Internet SE
("Rocket Internet" or the "Company") (ISIN DE000A161KH4) decided, to sell 44 %
of its shares (9.1% on a fully diluted basis) in Lazada Group S.A. ("Lazada")
for a cash consideration of USD 137 million to Alibaba Group Holding Limited
("Alibaba"). In addition Lazada secured USD 500 million in new funds from
Alibaba at a USD 1.5 billion equity valuation. Alibaba will become the
controlling shareholder of Lazada. As part of the transaction, Rocket Internet
SE has also entered into a put-call agreement with Alibaba, giving Alibaba the
right to purchase, and Rocket Internet the right to sell the remaining fully
diluted shareholding in Lazada of 8.8%, between 12 and 18 month after the
closing of the transaction at fair market value.


Contact Rocket Internet

T: +49 30 300 13 18 68
E: media@rocket-internet.com


This document contains forward-looking statements. These statements are based
on the current views, expectations and assumptions of the management of Rocket
Internet SE ("Rocket Internet") and involve known and unknownrisks and
uncertainties that could cause actual results, performance or events to differ
materially from those expressed or implied in such statements. Actual results,
performance or events may differ materially from those described in such
statements due to, among other things, changes in the general economic and
competitive environment, risks associated with capital markets, currency
exchange rate fluctuations and competition from other companies, changes in
international and national laws and regulations, in particular with respect to
tax laws and regulations, and other factors. Rocket Internet does not assume
any obligations to update any forward-looking statements.


12.04.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


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