Delivery Hero SE: Delivery Hero is preparing an IPO of its Talabat business on the Dubai stock exchange in Q4 2024

EQS-Ad-hoc: Delivery Hero SE / Key word(s): IPO/Strategic Company Decision Delivery Hero SE: Delivery Hero is preparing an IPO of its Talabat business on the Dubai stock exchange in Q4 2024 29-Aug-2024 / 08:15 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Berlin, August 29, 2024 – Delivery Hero SE (“Delivery Hero” or the “Company”, ISIN DE000A2E4K43, Frankfurt Stock Exchange: DHER), which operates in the United Arab Emirates (“UAE”) and other countries in the Middle East and North Africa its food delivery and quick commerce business under the Talabat brand, is preparing a listing of its Talabat business on the Dubai Financial Market in Q4 2024.

A listing may be pursued through a secondary sale of shares by Delivery Hero which would retain the majority interest in the local listing entity after an IPO.

The execution of an IPO remains subject to market conditions, the approval of a securities prospectus by the Securities and Commodities Authority of the UAE and further resolutions of the Management Board and Supervisory Board of Delivery Hero.

 

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Investor Relations Enquiries Christoph Bast Head of Investor Relations   [e-mail]

Media Enquiries Corporate Communications     [e-mail]

 

Disclaimer

This announcement does not constitute an offer of, or a solicitation of an offer to purchase, securities of Delivery Hero SE or of any of its subsidiaries in the United States of America, Canada, Japan, Australia, Germany, the United Arab Emirates (“UAE”) or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, an offer in any jurisdiction. The securities to which this announcement relates will not be and have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act. Neither Delivery Hero SE nor of any of its subsidiaries intends to conduct a public offering of the securities to which this announcement relates in the United States, Canada, Japan, Australia, the United Kingdom, any member state of the European Economic Area or any other jurisdiction in relation to which action for that purpose would be required.