Prime Ventures sells 2.4 million shares in Takeaway.com
15 March 2018 - Prime III Co-Investment Vehicle I B.V. and PTV III Holding 17 B.V. (“Prime Ventures”) successfully priced the accelerated bookbuild offering to institutional investors of 2.4 million shares in Euronext Amsterdam listed Takeaway.com N.V. (“Takeaway.com”) (the “Offering"). The offered shares represent approximately 5.6% of the issued share capital of Takeaway.com.
Following completion of the transaction, Prime Ventures will have decreased its aggregated holding in Takeaway.com's issued share capital from approximately 16.8% to approximately 11.2%. Prime Ventures' remaining stake in Takeaway.com is subject to a lock-up until 15 May 2018 (subject to limited exceptions and the Sole Bookrunner's right to waive the lock-up restrictions).
Morgan Stanley acted as Sole Bookrunner for the accelerated bookbuild offering.