Mytheresa Announces Pricing Of Initial Public Offering
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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