Global Fashion Group S.A. : Notification and public disclosure of transactions by persons
November 27, 2020 at 12:10 pm EST
Share
Global Fashion Group S.A.: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
27.11.2020 / 18:09
The issuer is solely responsible for the content of this announcement.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name1
Patrick Schmidt
2.
Reason for the notification
a)
Position / status2
Co-CEO and member of the management board
b)
Initial notification / amendment3
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name4
Global Fashion Group S.A.
b)
LEI5
5493001035L29EQRO222
4.
Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument 6
Individual Call Options
Identification code7
LU2010095458
b)
Nature of the transaction8
Cash settlement of vested Individual Call Options in the Company as a result of the pre-IPO "internal liquidity event" programs in 2018 and 2019 as disclosed on pages 149 and 156 of the prospectus.
c)
Price(s) and volume(s) 9
Price(s)
Volume(s)
10.81
46,253
7.67
79,391
d)
Aggregated information
- Aggregated volume10
125,644
- Price11
EUR 1,100,984.80
e)
Date of the transaction12
24 November 2020
f)
Place of the transaction13
Outside a trading venue
27.11.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Global Fashion Group SA is a Luxembourg-based Company. The Company operates as a fashion and lifestyle destination in growth markets across LATAM (Latin America), SEA (Southeast Asia) and ANZ (Australia and New Zealand). It provides a range of market-oriented products, such as apparel, accessories, sportswear and footwear, among others, with a particular focus on the customer experience. The Companyâs three e-commerce platforms include Dafiti, ZALORA and THE ICONIC connect an assortment of international, local and own brands to consumers from diverse cultures and lifestyles.