Voluntary Public Tender Offer for All Ordinary Shares of YNAP – Stock option exercise
With reference to the voluntary public tender offer launched pursuant to Articles 102 and 106, paragraph 4, of Legislative Decree n. 58/1998 (the “Offer”) from RLG Italia Holding S.p.A. (the “Offeror” or “RLG”), a company indirectly owned by Compagnie Financière Rupert S.A. for all ordinary shares of YOOX NET-A-PORTER Group S.p.A. (“YNAP”), notice of the following is hereby given.
Capitalized terms have the same meaning herein that they were assigned in the offer document (the “Offer Document”) approved by Consob with resolution n. 20335 of 14 March 2018 and published by the Offeror on 18 March 2018.
Today the Vice President Stefano Valerio exercised n. 90,000 Change of Control Stock Options, at a strike price per each Option equal to Euro 23.614, valid for the subscription of overall n. 90,000 newly issued ordinary YNAP shares.
Following the issuance of the new YNAP ordinary shares, the share capital of YNAP will be equal to Euro 1,384,207.41, corresponding to n. 138,420,741 shares with no indication of par value, divided into n. 96,008,530 ordinary shares and n. 42,412,211 B shares.
For more information on the Offer and on the ongoing sell-out procedure, reference is made to the Offer Document, and to the press releases published on YNAP website www.ynap.com (under the Section / Investor Relations/Public Tender Offer on YNAP shares) and on Richemont’s website at www.richemont.com (under the section Investors / YOOX NET-A-PORTER GROUP tender offer).