NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA
Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.
Takeaway.com N.V. (the “Issuer” and, together with its subsidiaries, “Takeaway.com” or the “Company”), a leading online food delivery marketplace in Continental Europe, today announces that following the successful initial public offering of its ordinary shares (the “Shares”) on Euronext Amsterdam (the “IPO” or the “Offering”) on 30 September 2016, the option to sell up to an additional 15% of the total number of Shares offered in the IPO has been fully exercised.
As part of the IPO of the Issuer and as set forth in the prospectus dated 19 September 2016 and the pricing statement dated 30 September 2016, Gribhold B.V. (“Gribhold”), PTV III Holding 17 B.V. and Prime III Co-Investment Vehicle I B.V. (together “Prime Ventures” and, together with Gribhold, the “Over-allotment Shareholders”) have granted Merrill Lynch International (“BofA Merrill Lynch”) and Morgan Stanley (together with BofA Merrill Lynch, the “Joint Global Coordinators”), on behalf of the underwriters, an option to acquire up to 2,140,930 additional Shares (the “Over-allotment Option”), representing 15% of the total number of Shares sold in the Offering. BofA Merrill Lynch and Morgan Stanley have exercised the Over-allotment Option in full.
Following the full exercise of the Over-allotment Option, the Offering comprises 16,413,796 Shares, representing approximately 38% of the total share capital of the Issuer and leading to a total Offering size of approximately €378 million.
BofA Merrill Lynch, acting as Stabilization Manager, has informed Takeaway.com that the stabilization period has now ended and that no stabilization transactions were carried out.
As a result of the IPO (and after the full exercise of the Over-allotment Option), Mr. Jitse Groen, through his holding company Gribhold B.V., holds approximately 35.4% of the Shares and Prime Ventures holds approximately 23.1% of the Shares.
On 6 September 2016, Takeaway.com announced its intention to launch the IPO and listing on Euronext Amsterdam and, on 19 September 2016, Takeaway.com announced the launch of the Offering. On 30 September 2016, Takeaway.com announced that the price for the Shares was set at €23.00 and listing of and trading in the Shares commenced, on an “as-if-and-when issued/delivered” basis, on Euronext Amsterdam on Friday 30 September 2016. The press releases are available on the Takeaway.com website (https://corporate.takeaway.com).