Media ReleaseDufry Group - A leading global travel retailerDufry AG
Basel, July 8, 2014
Dufry successfully completes its capital increase
Dufry AG ("Dufry") announces that further to the ordinary capital increase approved by the extraordinary general meeting on June 26, 2014, the offer price for the rights offering as well as the international offering was set at CHF 162.00 per new share.
In the rights offering, 3,623,976 new shares were subscribed for by existing shareholders, while 1,376,024 new shares were purchased by investors in the international offering.
Based on the offer price of CHF 162.00 per new share, Dufry expects to receive gross proceeds of approximately CHF 810 million. The proceeds will serve to finance a portion of the planned acquisition of The Nuance Group AG announced on June 4, 2014.
After the capital increase, the share capital of Dufry amounts to CHF 179,525,280 divided into 35,905,056 registered shares with a nominal value of CHF 5.00 each.
The new shares are fully fungible with the outstanding registered shares of Dufry and are expected to be listed and eligible for trading on SIX Swiss Exchange as of tomorrow, July 9, 2014. The settlement and delivery of the new shares against payment of the offer price is expected to occur on July 14, 2014.
This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any security in the United States or in any other jurisdiction. Any securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Information in this press release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based on information available to Dufry AG as of the date of this press release, and we assume no duty to update any such forward-looking statements. Factors that could affect Dufry AG's forward-looking statements include, among other things: the successful consummation of the rights offering, global GDP trends, competition in the markets in which Dufry AG operates, unfavourable changes in airline passenger traffic, unfavorable changes in taxation and restrictions on the duty-free sale in countries where Dufry AG operates.
This document does not constitute a prospectus within the meaning of article 652a or article 1156, respectively, of the Swiss Code of Obligations or a listing prospectus pursuant to Articles 27 et seq. of the listing rules of the SIX Swiss Exchange.
The offering and listing prospectus dated as of June 26, 2014, supplemented by the pricing supplement dated as of July 8, 2014, is available free of charge from Credit Suisse AG, Zurich, Switzerland (telephone number: +41 44 333 43 85; fax number: +41 44 333 35 93, email: firstname.lastname@example.org).
For further information please contact:
(SIX: DUFN; BM&FBOVESPA: DAGB33) is a leading global travel retailer operating around 1'400 duty-free and duty-paid shops in airports, cruise lines, seaports, railway stations and downtown tourist areas.Dufry
employs over 16,000 people. The Company, headquartered in Basel, Switzerland
, operates in 47 countries in Europe
, Eurasia, Central America
, North America
and South America
cares for children and supports social projects from SOS Kinderdorf in Brazil
. SOS Children's Villages
is an independent, non-political and non-demonstrational organization established for orphaned and destitute children all over the world.Media Release