For release in
Partial exercise of IPO over-allotment option
Partial exercise of IPO over-allotment option at the offer price of
Including the shares placed in connection with the over-allotment option, a total of 5,406,420 offered shares have been sold in the IPO of Bravofly Rumbo Group, corresponding to 37.0% of the share capital (after the partial exercise of the over-allotment option). The offer size of the IPO therefore amounts to
Bravofly Rumbo Group and all shareholders (other than Directors and Management and selling shareholders controlled by Directors or Management), have committed to a lock-up period of 180 days from the first day of trading, while the Board of Directors and Management have agreed to a lock-up of 360 days from the first day of trading, respectively, subject to customary exceptions.
About Bravofly Rumbo Group
Bravofly Rumbo Group is a Swiss-based online travel agency, or OTA, with a strong presence in
For more information, please visit bravoflyrumbogroup.com
Bravofly Rumbo Group
mob.: +39 335 7064892
mob.: +41 76 393 83 56
Direct: +41 43 244 81 40
mob.: +41 79 200 85 00
This publication constitutes neither an offer to sell nor a solicitation to buy securities of Bravofly Rumbo Group (the "Company") and it does not constitute a prospectus within the meaning of article 652a and/or 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange or a prospectus within the meaning of section 5:2 of the Dutch Financial Markets Supervision Act. The securities have already been sold.
This communication is made only to and directed only at persons (i) who are outside the
This communication is not for distribution in
This communication does not constitute an "offer of securities to the public" within the meaning of Directive 2003/71/EC of the
In connection with the offer or sale of the securities referred to herein, the Joint Global Coordinators may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. Any stabilisation action or over-allotment will be conducted by the Joint Global Coordinators in accordance with all applicable laws and rules. Save as required by law or regulation, the Joint Global Coordinators does not intend to disclose the extent of any stabilisation action. No representation is made as to whether the Joint Global Coordinators will engage in any stabilisation activity or that this activity, if commenced, will not be discontinued without notice.
For the avoidance of doubt, none of the Joint Global Coordinators makes any representation or warranty that it intends to accept or be bound to any of the information contained herein nor shall the Joint Global Coordinators be obliged to enter into any further discussions or negotiations pursuant thereto but shall be entitled in their absolute discretion to act in any way that they see fit in connection with the proposed transaction. Any discussions, negotiations or other communications that may be entered into, whether in connection with this communication or otherwise, shall be conducted subject to contract. No representation or warranty express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by any of the Joint Global Coordinators or any of their respective officers, employees or agents as to or in relation to the accuracy or completeness of this communication, publicly available information on the Company or any other written or oral information made available to any interested party or its advisors and any liability therefore whether in contract, tort or otherwise is hereby expressly disclaimed.
The Joint Global Coordinators are acting on behalf of the Company and no one else in connection with the securities referred to herein and will not be responsible to any other person for providing the protections afforded to clients of the Joint Global Coordinators, or for providing advice in relation to the securities referred to herein.
Press release (PDF)
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