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    FSNT   DE000A2QEFA1

FASHIONETTE AG

(FSNT)
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PRESS RELEASE : fashionette AG: Post-Stabilisation disclosure - Partial exercise of the Greenshoe Option

11/27/2020 | 11:47am EDT
 
 DGAP-News: fashionette AG / Key word(s): Miscellaneous 
fashionette AG: Post-Stabilisation disclosure - Partial exercise of the 
Greenshoe Option 
 
2020-11-27 / 17:46 
The issuer is solely responsible for the content of this announcement. 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN 
WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN 
OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE 
THIS DISCLOSURE. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT 
NOTICE AT THE END OF THIS DISCLOSURE. 
 
*27 November 2020* 
 
*fashionette AG: Post-Stabilisation disclosure - Partial exercise of the 
Greenshoe Option 
 
Disclosure after the end of the stabilisation period in accordance with 
Article 6 para. 3 of the Commission Delegated Regulation (EU) 2016/1052 of 8 
March 2016 on the implementation of stabilisation measures* 
 
Following the pre-stabilisation period announcement dated 20 October 2020 
and the notifications on the implementation of stabilisation measures dated 
10 November 2020 and 25 November 2020, Hauck & Aufhäuser Privatbankiers 
Aktiengesellschaft, Frankfurt am Main, Germany ("*Stabilisation 
Manage**r*"), in its function as stabilisation manager has informed 
fashionette AG, Düsseldorf, Germany ("*Issuer*"), (contact person: Daniel 
Raab; phone: +49 (0)211 17607828) on 27 November 2020 that the Stabilisation 
Manager terminated the stabilisations (within the meaning of Art. 3 para. 2 
lit. (d) of the Regulation (EU) 596/2014 of the European Parliament and of 
the Council of 16 April 2014 on market abuse (market abuse regulation)) by 
the end of 26 November 2020. The Issuer, therefore, discloses the following 
information: 
 
*The Securities:* 
Issuer:                            fashionette AG 
Aggregate nominal amount of the    3,200,000 
offer (excluding over-allotment 
option): 
Description:                       Ordinary shares with no par 
                                   value 
                                   ISIN DE000A2QEFA1 
Offer price:                       EUR 31.00 
 
*Stabilisation:* 
Stabilisation manager:             Hauck & Aufhäuser 
                                   Privatbankiers 
                                   Aktiengesellschaft 
Date on which stabilisation        29 October 2020 
started: 
Date on which stabilisation last   24 November 2020 
occurred: 
Trading venue on which the         Frankfurt Stock Exchange, 
stabilisation transactions were    Xetra (XETR) 
carried out: 
Number of shares purchased as part 108,654 ordinary shares with 
of the stabilisation:              no par value 
 
*Price range in EUR (Currency code (ISO 4217)) within which stabilisation 
was carried out, for each of the dates during which stabilisations were 
carried out:* 
 
    *Date     *Low* *High* 
(dd/mm/yyyy)* 
 29/10/2020   29.00 29.00 
 30/10/2020   28.15 30.00 
 02/11/2020   30.50 30.50 
 03/11/2020   30.00 30.50 
 04/11/2020   30.75 30.75 
 17/11/2020   29.60 30.25 
 18/11/2020   29.10 30.00 
 19/11/2020   29.00 30.00 
 20/11/2020   28.70 29.80 
 23/11/2020   29.80 30.50 
 24/11/2020   30.50 30.50 
 
With respect to the notification of the Issuer on the implementation of 
stabilisation measures dated 25 November 2020, the Stabilisation Manager has 
informed the Issuer that the purchase of 1,317 shares dated 20 November 2020 
(12:03:19) for an execution price of EUR 29.00 did not form part of the 
stabilisation. The notification of the Issuer on the implementation of 
stabilisation measures dated 25 November 2020 is hereby corrected. 
 
*Disclosure of the partial exercise of the Greenshoe Option in accordance 
with Article 8 lit. (f) of the Commission Delegated Regulation (EU) 
2016/1052 of 8 March 2016 on the implementation of stabilisation measures* 
 
In addition, the stabilisation manager has informed the Issuer on 27 
November 2020 that it partially exercises the Greenshoe Option, i. e. the 
option granted by the selling shareholder Genui Fund GmbH & Co. KG, Hamburg, 
Germany, to purchase up to 405,000 no-par value ordinary shares of the 
Issuer at the offer price to the extent shares were placed under a 
securities loan of the selling shareholder in connection with 
over-allotments. The Greenshoe Option was exercised by the stabilisation 
manager in the amount of 296,346 no-par value ordinary shares of the Issuer. 
 
*Important notice* 
 
This disclosure is not intended to constitute, and should not be construed 
as, an offer to sell or subscribe for, or the announcement of a forthcoming 
offer to sell or subscribe for, or a solicitation of any offer to buy or 
subscribe for, or the announcement of a forthcoming solicitation of any 
offer to buy or subscribe for, ordinary shares with no par value of 
fashionette AG ("*Company*" and its ordinary shares with no par value, 
"*Shares*") in the United States of America including its territories or 
possessions, any state or the District of Columbia (together, "*United 
States*") or in any other jurisdiction. 
 
The Shares have not been and will not be registered under the U.S. 
Securities Act of 1933, as amended ("*Securities Act* "), and may not be 
offered or sold within the United States absent registration or an exemption 
from the registration requirements under the Securities Act. The Company 
does not intend to register any portion of the offering in the United States 
or to conduct a public offering of Shares in the United States. 
 
The Company has not authorized any offer of securities to the public in any 
Member State of the European Economic Area ("*EEA*"), except in the Federal 
Republic of Germany ("*Germany*"). With respect to any Member State of the 
EEA other than Germany and with respect to the United Kingdom (each a 
"*Relevant State*"), no action has been undertaken or will be undertaken to 
make an offer to the public of Shares requiring publication of a prospectus 
in any Relevant State. As a result, the Shares may only be offered in 
Relevant States: 
 
(i) to any legal entity which is a "qualified investor" in the meaning of 
Article 2 lit. e) of the Prospectus Regulation; or 
 
(ii) in any other circumstances falling within Article 1 para. 4 of the 
Prospectus Regulation. 
 
For the purpose of this disclosure, the expression "*offer of securities to 
the public*" means the communication in any form and by any means of 
sufficient information on the terms of the offer and the Shares to be 
offered so as to enable the investor to decide to exercise, purchase or 
subscribe for the Shares and the expression "*Prospectus Regulation*" means 
Regulation (EU) 2017/1129, as amended. 
 
Any such investor will also be deemed to have represented and agreed that 
any Shares acquired by it in the contemplated offering of Shares have not 
been acquired on behalf of persons other than such investor. This disclosure 
does neither constitute an offer of securities to the public nor a 
prospectus within the meaning of the Prospectus Regulation. 
 
In the United Kingdom, this disclosure and any other materials in relation 
to the Shares are only being distributed to, and are only directed at, and 
any investment or investment activity to which this disclosure relates is 
available only to, and will be engaged in only with, "*qualified investors*" 
(as defined in Article 86 para. 7 of the Financial Services and Markets Act 
2000 ("*Financial Promotion*")) and who are (i) persons having professional 
experience in matters relating to investments who fall within the definition 
of "*investment professionals*" in Article 19 para. 5 of the Financial 
Promotion Order 2005 ("*Order*"); or (ii) high net worth entities falling 
within Article 49 para. 2 lit. (a) to (d) of the Order (all such persons 
together being referred to as "*relevant persons*"). This disclosure is 
directed only at relevant persons. Persons who are not relevant persons 
should not take any action on the basis of this disclosure and should not 
act or rely on it. Any investment activity to which this disclosure relates 
will only be available to and will only be engaged with, relevant persons. 
No action has been taken by the Company that would permit an offer of Shares 
or the possession or distribution of this disclosure or any other offering 
or publicity material relating to such Shares in any jurisdiction, except 
for Germany, where action for that purpose is required. 
 
Neither this disclosure nor any copy of it may be taken or transmitted, 
directly or indirectly, into the United States, Australia, Canada, Japan or 
South Africa. This disclosure does not constitute or form part of any offer 
or invitation to sell, or any solicitation of any offer to purchase or 
subscribe nor shall it (or any part of it) or the fact of its distribution, 
form the basis of, or be relied on in connection with, any contract 
therefore. The offer and the distribution of this disclosure and other 
information in connection with the listing and offer in certain 
jurisdictions may be restricted by law. 
 
The offered Shares have already been sold. 
 
2020-11-27 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     fashionette AG 
             Grafenberger Allee 295 
             40237 Düsseldorf 
             Germany 
E-mail:      ir@fashionette.com 
Internet:    corporate.fashionette.com 
ISIN:        DE000A2QEFA1 
WKN:         A2QEFA 
Listed:      Regulated Unofficial Market in Frankfurt (Scale) 
EQS News ID: 1151275 
 
End of News DGAP News Service 
 
1151275 2020-11-27 
 
 

(END) Dow Jones Newswires

November 27, 2020 11:46 ET (16:46 GMT)

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Financials
Sales 2021 151 M 183 M 183 M
Net income 2021 2,30 M 2,79 M 2,79 M
Net cash 2021 9,60 M 11,6 M 11,6 M
P/E ratio 2021 90,8x
Yield 2021 -
Capitalization 208 M 253 M 253 M
EV / Sales 2021 1,32x
EV / Sales 2022 0,88x
Nbr of Employees 148
Free-Float 94,8%
Chart FASHIONETTE AG
Duration : Period :
Fashionette AG Technical Analysis Chart | FSNT | DE000A2QEFA1 | MarketScreener
Technical analysis trends FASHIONETTE AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 63,00 €
Last Close Price 33,60 €
Spread / Highest target 87,5%
Spread / Average Target 87,5%
Spread / Lowest Target 87,5%
EPS Revisions
Managers and Directors
NameTitle
Daniel Raab Chairman-Management Board & CEO
Oliver Serg Chairman-Supervisory Board
Thomas Buhl Chief Operating & Technology Officer
Stefan Schütze Deputy Chairman-Supervisory Board
Karoline Huber Member-Supervisory Board
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