Mytheresa Announces Pricing Of Initial Public Offering

Mytheresa

PR87712

 

MUNICH, Jan. 21, 2021 /PRNewswire=KYODO JBN/ --

 

MYT Netherlands Parent B.V. ("Mytheresa" or the "Company"), the parent company

of the Mytheresa Group GmbH, today announced the pricing of its initial public

offering of 15,647,059 of American Depositary Shares ("ADSs") at a price of

$26.00 per ADS. The Company is selling 13,647,059 ADSs and its sole shareholder

is selling 2,000,000 ADSs in the offering. Each ADS represents one ordinary

share of the Company. The Company and the selling shareholder have granted the

underwriters a 30-day option to purchase up to an additional 2,347,058 ADSs in

aggregate at the initial public offering price, less underwriting discounts and commissions.

 

Logo - https://mma.prnewswire.com/media/1341152/Mytheresa_Logo.jpg

 

The shares are expected to begin trading on the New York Stock Exchange on

January 21, 2021, under the ticker symbol "MYTE" and the offering is expected

to close on January 25, 2021, subject to customary closing conditions.

 

Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are acting as lead

joint bookrunning managers and representatives of the underwriters for the

proposed offering. Credit Suisse Securities (USA) LLC and UBS Securities LLC

are acting as joint bookrunning managers for the proposed offering. Jefferies

LLC and Cowen and Company, LLC are acting as bookrunning managers for the

proposed offering.

 

A registration statement relating to the sale of these securities was filed

with, and declared effective by, the Securities and Exchange Commission ("SEC")

on January 20, 2021. The proposed offering is only being made by means of a

prospectus. Copies of the final prospectus relating to the offering may be

obtained, when available, from: Morgan Stanley & Co. LLC, 180 Varick Street,

2nd Floor, New York, New York 10014, Attn: Prospectus Department or J.P. Morgan

Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,

Edgewood, New York 11717 Telephone: 866-803-9204

Email: prospectuseq_fi@jpmorganchase.com.

 

This press release shall not constitute an offer to sell or the solicitation of

an offer to buy these securities, nor shall there be any sale of these

securities in any state or jurisdiction in which such offer, solicitation or

sale would be unlawful prior to registration or qualification under the

securities laws of any such state or jurisdiction.

 

About Mytheresa

 

Mytheresa is one of the leading global luxury fashion e-commerce retailers.

Mytheresa was launched in 2006 and offers ready-to-wear, shoes, bags and

accessories for women, men and kids. The highly curated offer focuses on true

luxury with designer brands such as Bottega Veneta, Burberry, Dolce & Gabbana,

Fendi, Gucci, LOEWE, Loro Piana, Moncler, Prada, Saint Laurent, Valentino and

many more. Mytheresa's unique digital experience is based on a sharp focus on

high-end luxury shoppers, exclusive product and content offerings, leading

technology and analytical platforms as well as high quality service operations.

 

Forward-Looking Statements

This press release includes "forward looking information," including with

respect to the initial public offering. These statements are made through the

use of words or phrases such as "will" or "expect" and similar words and

expressions of the future. Forward-looking statements involve known and unknown

risks, uncertainties and assumptions, including the risks outlined under "Risk

Factors" in the preliminary prospectus and elsewhere in the Company's filings

with the SEC, which may cause actual results to differ materially from any

results expressed or implied by any forward-looking statement. Although the

Company believes that the expectations reflected in its forward-looking

statements are reasonable, it cannot guarantee future results. The Company has

no obligation, and does not undertake any obligation, to update or revise any

forward-looking statement made in this press release to reflect changes since

the date of this press release, except as required by law.

 

Media Contacts for public relations  Media Contacts for business press

 

Mytheresa.com GmbH                                        Edelman USA

Sandra Romano                                                  Ted McHugh / Nicole Briguet

mobile: +49 152 54725178                                 phone: +1 201 341-0211 / +1 646 750-7235

phone: +49 89 127695-236                                email: ted.mchugh@edelman.com

email: sandra.romano@mytheresa.com             email: nicole.briguet@edelman.com

 

                                                                           Edelman Germany, Austria, Switzerland

                                                                           Ruediger Assion

                                                                           mobile: +49 162 4909624

                                                                           phone: +49 221 8282 8111

                                                                           email: ruediger.assion@edelman.com

 

 

SOURCE Mytheresa

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