• Total offer volume amounts to €842 million, based on 28,571,429 newly issued ordinary bearer shares placed, 3,260,871 ordinary bearer shares sold by management and 4,774,845 over-allotment shares
• Expected free float of 21.0% of outstanding share capital (net of treasury shares)
• Final offer price at time of listing brings total market capitalization of ABOUT YOU to €3.92 billion
• Shares are expected to begin trading on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) on June 16, 2021 

Hamburg, 14 June 2021 – ABOUT YOU Holding AG (“ABOUT YOU”), Europe’s fastest-growing online fashion platform of scale, has set the final offer for its private placement (the “Private Placement”) at €23.00 per share. Based on this offer price, the total offer size, including over-allotments, amounts to 36,607,145 shares and approximately €842 million, and brings ABOUT YOU’s total market capitalization to €3.92 billion. Upon completion of the offering, the expected free float of new shareholders (net of treasury shares) will amount to 21.0%, assuming full exercise of the Greenshoe option. 

Tarek Müller, co-founder and member of the management board responsible for Marketing & Brand: “The response to this next chapter of the ABOUT YOU story has been overwhelmingly positive, and we are delighted by the encouraging investor interest. As we become a listed entity, my fellow co-founders and I are excited to continue leading our amazing teams as we revolutionize our industry, digitize the shopping stroll, and build on our strong growth story to become the leading global fashion platform.” 

The Company has raised gross proceeds of around €657 million from the Private Placement of 28,571,429 newly issued ordinary bearer shares. In addition, 3,260,871 ordinary bearer shares were sold by management. Furthermore, GFH (Gesellschaft für Handelsbeteiligungen mbH), SevenVentures GmbH, GMPVC German Media Pool GmbH and Fashion Media Pool GmbH provided an option for of up to 4,774,845 ordinary bearer shares to cover over-allotments the (Greenshoe option). 

Existing shareholders Otto Group and GFH have agreed vis-à-vis the Joint Global Coordinators to a lock-up period of 270 calendar days from the first day of trading of the ABOUT YOU shares on the Frankfurt Stock Exchange. The other existing shareholders Heartland A/S, SevenVentures GmbH, GMPVC German Media Pool GmbH, Fashion Media Pool GmbH and all members of the Company’s management board, as selling shareholders, have agreed to a lock -up period of 180 calendar days. In addition, all members of the Company’s management board have agreed vis -à- vis the Company to a staggered lock-up period of one to two years. 

Trading of ABOUT YOU’s shares on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange is expected to begin on June 16, 2021 under the trading symbol YOU and the ISIN DE000A3CNK42. 

Deutsche Bank, Goldman Sachs, and J.P. Morgan are acting as Joint Global Coordinators and Joint Bookrunners, with Numis Securities, Société Générale and UBS Investment Bank also acting as Joint Bookrunners. Lilja & Co. is the independent advisor to Otto Group, its affiliates and ABOUT YOU. MW&L Capital Partners are the financial advisors to Heartland A/S. 

ABOUT YOU 

ABOUT YOU digitizes the classic shopping stroll by creating an inspiring and personalized shopping experience on the smartphone. At ABOUT YOU the focus is on the customers, who are supported in expressing themselves individually through fashion. On the website aboutyou.com and the multi-award-winning ABOUT YOU app, customers find versatile inspiration and a range of more than 400,000 items from over 2,000 brands. With more than 30 million unique monthly active users, ABOUT YOU is one of the largest fashion and lifestyle platforms in Europe. It is currently active in 23 European markets. With the ABOUT YOU Commerce Suite, the fashion tech company also offers its own e-commerce infrastructure as a licensed product. 

DISCLAIMER 

These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Securities”) of ABOUT YOU Holding AG (“ABOUT YOU”) in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of ABOUT YOU may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). There will be no public offering of the securities in the United States or any other jurisdiction. The Securities have not been, and will not be, registered under the Securities Act. The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions. (…)

• Total offer volume amounts to €842 million, based on 28,571,429 newly issued ordinary bearer shares placed, 3,260,871 ordinary bearer shares sold by management and 4,774,845 over-allotment shares
• Expected free float of 21.0% of outstanding share capital (net of treasury shares)
• Final offer price at time of listing brings total market capitalization of ABOUT YOU to €3.92 billion
• Shares are expected to begin trading on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) on June 16, 2021 

Hamburg, 14 June 2021 – ABOUT YOU Holding AG (“ABOUT YOU”), Europe’s fastest-growing online fashion platform of scale, has set the final offer for its private placement (the “Private Placement”) at €23.00 per share. Based on this offer price, the total offer size, including over-allotments, amounts to 36,607,145 shares and approximately €842 million, and brings ABOUT YOU’s total market capitalization to €3.92 billion. Upon completion of the offering, the expected free float of new shareholders (net of treasury shares) will amount to 21.0%, assuming full exercise of the Greenshoe option. 

Tarek Müller, co-founder and member of the management board responsible for Marketing & Brand: “The response to this next chapter of the ABOUT YOU story has been overwhelmingly positive, and we are delighted by the encouraging investor interest. As we become a listed entity, my fellow co-founders and I are excited to continue leading our amazing teams as we revolutionize our industry, digitize the shopping stroll, and build on our strong growth story to become the leading global fashion platform.” 

The Company has raised gross proceeds of around €657 million from the Private Placement of 28,571,429 newly issued ordinary bearer shares. In addition, 3,260,871 ordinary bearer shares were sold by management. Furthermore, GFH (Gesellschaft für Handelsbeteiligungen mbH), SevenVentures GmbH, GMPVC German Media Pool GmbH and Fashion Media Pool GmbH provided an option for of up to 4,774,845 ordinary bearer shares to cover over-allotments the (Greenshoe option). 

Existing shareholders Otto Group and GFH have agreed vis-à-vis the Joint Global Coordinators to a lock-up period of 270 calendar days from the first day of trading of the ABOUT YOU shares on the Frankfurt Stock Exchange. The other existing shareholders Heartland A/S, SevenVentures GmbH, GMPVC German Media Pool GmbH, Fashion Media Pool GmbH and all members of the Company’s management board, as selling shareholders, have agreed to a lock -up period of 180 calendar days. In addition, all members of the Company’s management board have agreed vis -à- vis the Company to a staggered lock-up period of one to two years. 

Trading of ABOUT YOU’s shares on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange is expected to begin on June 16, 2021 under the trading symbol YOU and the ISIN DE000A3CNK42. 

Deutsche Bank, Goldman Sachs, and J.P. Morgan are acting as Joint Global Coordinators and Joint Bookrunners, with Numis Securities, Société Générale and UBS Investment Bank also acting as Joint Bookrunners. Lilja & Co. is the independent advisor to Otto Group, its affiliates and ABOUT YOU. MW&L Capital Partners are the financial advisors to Heartland A/S. 

ABOUT YOU 

ABOUT YOU digitizes the classic shopping stroll by creating an inspiring and personalized shopping experience on the smartphone. At ABOUT YOU the focus is on the customers, who are supported in expressing themselves individually through fashion. On the website aboutyou.com and the multi-award-winning ABOUT YOU app, customers find versatile inspiration and a range of more than 400,000 items from over 2,000 brands. With more than 30 million unique monthly active users, ABOUT YOU is one of the largest fashion and lifestyle platforms in Europe. It is currently active in 23 European markets. With the ABOUT YOU Commerce Suite, the fashion tech company also offers its own e-commerce infrastructure as a licensed product. 

DISCLAIMER 

These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Securities”) of ABOUT YOU Holding AG (“ABOUT YOU”) in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of ABOUT YOU may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). There will be no public offering of the securities in the United States or any other jurisdiction. The Securities have not been, and will not be, registered under the Securities Act. The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions. (…)