22 August 2022
On 25 July 2022 Vinted UAB (“Vinted”) announced a public offer to the shareholders of Rebelle AB (publ) (“Rebelle”) to transfer all their shares in Rebelle to Vinted for a consideration of SEK 14.10 in cash per share in Rebelle (the “Offer”). Today, on 22 August 2022, Vinted announced that shareholders representing a total of 96.7 per cent of all shares in Rebelle have accepted the Offer. In addition, Vinted declared the Offer unconditional, meaning Vinted will complete the acquisition of shares in Rebelle tendered in the Offer. Vinted has further extended the acceptance period until 2 September 2022 in order to provide remaining shareholders an opportunity to accept the Offer.
Vinted has informed the board of directors of Rebelle that Vinted will initiate a compulsory buy-out of the shares in Rebelle that are not tendered in the Offer and requested that the shares in Rebelle are delisted from Nasdaq First North Growth Market.
Against this background, the board of directors of Rebelle has applied for delisting of the shares in Rebelle from Nasdaq First North Growth Market. Rebelle will announce the last day of trading as soon as Nasdaq has confirmed the date to Rebelle.
Vinted has also requested that the board of directors of Rebelle convenes an extraordinary general meeting to, among other things, elect new board members of the company. A notice of the extraordinary general meeting will be published separately.
More information about the Offer is available at https://www.vintage-offer.com
For further information, please contact:
Jonas Rodny, Paues Åberg Communications
Telephone: +46 76 190 90 51
Rebelle operates the European online marketplace Rebelle.com for selling and buying luxury second hand fashion items and accessories. Rebelle takes control of the entire sales process, thereby physically verifying the authenticity and quality of products sold to consumers and assuming all payment processes and the shipments to buyers. Based on this capital-light “managed marketplace” model, Rebelle aims to deliver a superior selling and buying experience to its customers. Rebelle is offering products from the world’s most sought-after fashion brands, such as Louis Vuitton, Chanel, Gucci, Hermès and Prada while increasing customers awareness of sustainability and circularity within the fashion industry. Rebelle offers more than 200,000 products to, and listed by, customers throughout Europe with focus on the EU.
The company’s shares (ticker BELLE) are traded on Nasdaq First North Growth Market Stockholm. Vator Securities is the Company’s certified adviser and can be contacted at email@example.com or +46 8 580 065 99. For more information, please visit: ir.rebelle.com