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Apparel retailer Dufry exercises rights for new shares
Jul '14
Dufry AG announces that rights have been exercised for 3,623,976 new shares, corresponding to 66.5% of the up to 5,453,832 new shares offered in the rights offering to existing shareholders ("Rights Offering"). 1,376,024 shares not taken up by existing shareholders are being offered to investors by way of a public offering in Switzerland and private placements in certain jurisdictions outside Switzerland in compliance with applicable securities laws (“International Offering”). The final total number of new shares to be issued and sold in the Rights Offering and the International Offering shall therefore be 5,000,000.
The book for the International Offering is currently open. The offer price in the Rights Offering and the International Offering will be determined following the end of the International Offering. 
As contemplated in the offering circular, Dufry announces its intention to close the book for the International Offering earlier than previously announced. Close of the International Offering period is expected to be before the opening of SIX Swiss Exchange on July 8, 2014 and the offer price is expected to be communicated on July 8, 2014.
The new shares are expected to commence trading on SIX Swiss Exchange on July 9, 2014 and settlement and delivery of the new shares against payment of the offer price is expected to occur on July 14, 2014.


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