DGAP-Adhoc: HUGO BOSS AG: Red & Black Lux S.à r.l. plans to place at least 7.35 million shares of HUGO BOSS AG


HUGO BOSS AG  / Key word(s): Miscellaneous

09.02.2015 21:12

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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We were informed by Red & Black Lux S.à r.l. that the company intends to
place at least 7.35 million shares of HUGO BOSS AG in an accelerated
bookbuilding process. This represents circa 10.4% of the total share
capital. According to information acquired, the bookbuilding has already
started.

As a result of the placement, the free float of HUGO BOSS AG will increase
to at least 54.0 million shares. This will represent at least 76% of the
share capital. The Group expects the higher free float to further improve
the attractiveness of the share among institutional investors and to
increase the weighting in the MDAX.

In addition, Red & Black Lux S.à r.l. informed us that it has reached an
agreement with PFC S.r.l. und Zignago Holding S.p.A., two entities of the
Marzotto family, regarding a sale of HUGO BOSS AG shares in an amount of
around EUR 500 million.

Red & Black Lux S.à r.l., a company majority owned by Permira Holdings
Limited, owns 22.4 million shares to date, accounting for 32% of HUGO BOSS
AG's share capital, based on the Company's share register. It is the
Group's single largest investor. As a result of the two placements, the
shareholding of Red & Black Lux S.à r.l. is projected to decline to 14% or
less of the total share capital. According to information acquired, Red &
Black Lux S.à r.l. committed to a 90 days lock up period for the remaining
stake.


09.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      HUGO BOSS AG
              Dieselstraße 12
              72555 Metzingen
              Germany
Phone:        +49 (0)712 394-0
Fax:          +49 (0)712 394-2014
E-mail:       info@hugoboss.com
Internet:     www.hugoboss.com
ISIN:         DE000A1PHFF7
WKN:          A1PHFF, , 
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München
 
End of Announcement                             DGAP News-Service
 
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