News Column

DGAP-Adhoc: HUGO BOSS AG: Red & Black Lux S.À r.l. plans to place 7.9 million shares

September 2, 2014

HUGO BOSS AG / Key word(s): Miscellaneous/Miscellaneous 02.09.2014 20:29 Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- We were informed by Red & Black Lux S.À r.l. that the company intends to place up to 7.9 million shares of HUGO BOSS AG in an accelerated bookbuilding process. This represents 11.2% of the total share capital. According to information acquired the bookbuilding has already started. As a result of the placement, the free float of HUGO BOSS AG will increase to around 59% of the share capital. The Group expects the higher free float to further improve the attractiveness of the share among institutional investors and to increase the weighting in the MDAX. Red & Black Lux S.À r.l., a company majority owned by Permira Holdings Limited, owned to date 50% of HUGO BOSS AG's share capital, based on the Company's share register. It is the Group's single largest investor. According to information acquired, Red & Black Lux S.À r.l. committed to a three month lock up period for the remaining stake. 02.09.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: HUGO BOSS AG Dieselstraße 12 72555 Metzingen Germany Phone: +49 (0)712 394-0 Fax: +49 (0)712 394-2014 E-mail: info@hugoboss.com Internet: www.hugoboss.com ISIN: DE000A1PHFF7 WKN: A1PHFF, , Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, DÜsseldorf, Hamburg, Hannover, MÜnchen End of Announcement DGAP News-Service ---------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: DGAP Ad Hoc Disclosures


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters