04.06.2024 18:53:22 - dpa-AFX: EQS-Adhoc: Global Fashion Group S.A.: GLOBAL FASHION GROUP AGREES TO REPURCHASE A PORTION OF ITS OUTSTANDING CONVERTIBLE BONDS DUE 2028 (ISIN: DE000A3KMT51) (english)

Global Fashion Group S.A.: GLOBAL FASHION GROUP AGREES TO REPURCHASE A
PORTION OF ITS OUTSTANDING CONVERTIBLE BONDS DUE 2028 (ISIN: DE000A3KMT51)

EQS-Ad-hoc: Global Fashion Group S.A. / Key word(s): Miscellaneous
Global Fashion Group S.A.: GLOBAL FASHION GROUP AGREES TO REPURCHASE A
PORTION OF ITS OUTSTANDING CONVERTIBLE BONDS DUE 2028 (ISIN: DE000A3KMT51)

04-Jun-2024 / 18:53 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.

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NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN,
THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF
THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED
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BE PROHIBITED BY APPLICABLE LAW.

Disclosure of an inside information according to Art. 17 Sec. 1 of the
Regulation (EU) No. 596/2014 (Market Abuse Regulation - MAR)

GLOBAL FASHION GROUP S.A.: GLOBAL FASHION GROUP AGREES TO REPURCHASE A
PORTION OF ITS OUTSTANDING CONVERTIBLE BONDS DUE 2028 (ISIN: DE000A3KMT51)

Luxembourg, 4 June 2024 - Global Fashion Group S.A. (the "Issuer" or "GFG")
announces that it has agreed today to repurchase EUR 9,800,000 in aggregate
principal amount of its outstanding convertible bonds due 2028 (ISIN:
DE000A3KMT51) (the "Bonds") from an institutional investor.

The purchase price per EUR 100,000 nominal amount will be EUR 75,000. In
addition, the Company will pay interest accrued on the Bonds from and
including the immediately preceding interest payment date to but excluding
the settlement date of the repurchase, which is expected to amount to EUR
346 per Bond. The repurchased Bonds may be cancelled by the Company or held
and resold.

Following the settlement of the repurchase which is expected to occur on or
around 25 June 2024, an aggregate principal amount of the Bonds of EUR 165.7
million will be outstanding and not held by the Issuer. GFG continues to
look at opportunities to reduce its outstanding Bonds.

Person making the notification: Andin Fonyonga, Group Head of Legal &
Compliance

For inquiries, please contact:
Saori McKinnon
Head of Investor Relations & Communications
investors@global-fashion-group.com
press@global-fashion-group.com


Disclaimer
This announcement contains forward-looking statements. Forward-looking
statements should not be construed as a promise of future results and
developments and involve known and unknown risks and uncertainties. Various
factors could cause actual future results, performance or events to differ
materially from those described in this announcement, and neither the
Company nor any other person accepts any responsibility for the accuracy of
the forward-looking statements contained in this announcement or the
underlying assumptions.

This announcement may not be published, distributed or transmitted, directly
or indirectly, in the United States (including its territories and
possessions) or any other jurisdiction where such an announcement would be
unlawful. The distribution of this announcement may be restricted by law in
certain jurisdictions and persons into whose possession this document or
other information referred to herein comes should inform themselves about
and observe any such restriction. Any failure to comply with these
restrictions may constitute a violation of the securities laws of any such
jurisdiction.

This announcement does not contain or constitute or form part of, and should
not be construed as, an offer or invitation to sell, or the solicitation of
an offer to buy or subscribe for, any securities to any person in the United
States or in any jurisdiction to whom or in which such offer or solicitation
is unlawful. The securities referred to herein have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), or the laws of any state within the United States and may not be
offered or sold in the United States, unless registered under the Securities
Act or offered and sold in a transaction exempt from, or not subject to, the
registration requirements of the Securities Act. There will be no public
offer of the securities referred to herein in the United States.

About Global Fashion Group
Global Fashion Group is the leading fashion and lifestyle destination in
LATAM, SEA and ANZ. From our people to our customers and partners, we exist
to empower everyone to express their true selves through fashion. Our three
ecommerce platforms: Dafiti, ZALORA and THE ICONIC connect an assortment of
international, local and own brands to a market of 800 million consumers
from diverse cultures and lifestyles. GFG's platforms provide seamless and
inspiring customer experiences from discovery to delivery, powered by art &
science that is infused with unparalleled local knowledge. Our vision is to
be the #1 fashion & lifestyle destination in LATAM, SEA and ANZ, and we are
committed to doing this responsibly by being people and planet positive
across everything we do.
(ISIN: LU2010095458)

For more information visit: www.global-fashion-group.com


End of Inside Information

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04-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        Global Fashion Group S.A.
                   5, Heienhaff
                   L-1736 Senningerberg
                   Luxemburg
   E-mail:         investors@global-fashion-group.com
   Internet:       https://global-fashion-group.com
   ISIN:           LU2010095458
   WKN:            A2PLUG
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Tradegate Exchange; Luxembourg Stock Exchange
   EQS News ID:    1917973




End of Announcement EQS News Service
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1917973 04-Jun-2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
GLOBAL FASHION GRP EO-,01 A2PLUG Xetra 0,182 28.06.24 17:35:35 ±0,000 ±0,00% 0,000 0,000 0,182 0,182

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