BEIJING, May 16, 2014 /PRNewswire/ -- Jumei
International Holding Limited (NYSE: JMEI) ("Jumei" or the
"Company"), China's leading online retailer of beauty
products, today announced that it has priced its initial public
offering of 11,140,000 American depositary shares ("ADSs") by the
Company at US$22.00 per ADS for
a total offering size of approximately US$245.1 million, assuming the underwriters do
not exercise their option to purchase additional ADSs. Each ADS
represents one Class A ordinary share of the Company. The ADSs will
begin trading on the New York Stock Exchange ("NYSE") today under
the ticker symbol "JMEI".
The Company has granted the underwriters an option, exercisable
within 30 days from the date of the final prospectus, to purchase
up to 1,671,000 additional ADSs at US$22.00 per ADS.
The Company also expects to receive additional gross proceeds of
US$150.0 million from the issuance of
6,818,182 Class A ordinary shares to General Atlantic Singapore
Fund Pte. Ltd. at US$22.00 per share
through a private placement concurrent with the public
offering.
Goldman Sachs (Asia) L.L.C.,
Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, and
China Renaissance Securities (Hong
Kong) Limited are acting as joint bookrunners, and
Piper Jaffray & Co. and
Oppenheimer & Co. Inc. are acting as co-managers, for the
offering.
Jumei's registration statement relating to the offering has been
filed with, and declared effective by, the United States Securities
and Exchange Commission. This press release does not constitute an
offer to sell or a solicitation of an offer to buy the securities
described herein, nor shall there be any sale of these securities
in any state or jurisdiction in which such an offer, solicitation,
or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
The offering of the securities is made only by means of a
prospectus forming a part of the effective registration statement.
A copy of the prospectus relating to the offering may be obtained
by contacting Goldman, Sachs & Co., 200 West Street,
New York, NY 10282, Attention:
Prospectus Department, phone: +1 (866) 471-2526, facsimile: +1
212-902-9316, e-mail: prospectus-ny@ny.email.gs.com; or Credit
Suisse Securities (USA) LLC,
Attention: Prospectus Department, Eleven Madison Avenue,
1B, New York, NY 10010, telephone: 1-800-221-1037 or
email: newyork.prospectus@credit-suisse.com; or J.P. Morgan
Securities LLC, Attention: Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or by calling
1-866-803-9204; or China Renaissance Securities (US) Inc.,
Suite 1910, 45 Rockefeller Plaza, New
York, NY 10111, telephone: +1-212-554-2960.
About Jumei International Holding Limited
Jumei (NYSE: JMEI) is China's
No. 1 online retailer of beauty products as measured by gross
merchandise volume, with a market share of 22.1% in 2013, according
to a commissioned research report by Frost & Sullivan.
Jumei's Internet platform is a trusted destination for consumers to
discover and purchase branded beauty products and fashionable
apparel and other lifestyle products through the Company's
jumei.com website and mobile application. Approximately 49%
of Jumei's gross merchandise volume was generated through its
mobile application in the first quarter of 2014. Leveraging its
deep understanding of customer needs and preferences, as well as
its strong merchandizing capabilities, Jumei has adopted multiple
effective sales formats to encourage product purchases on its
platform, including curated sales, online shopping mall, and flash
sales.
For investor and media inquiries, please contact:
Jumei International Holding Limited
Mr. Sterling Song
Investor Relations Director
Phone: +86-10-5676-6983
kans@jumei.com
Christensen
In China
Mr. Christian Arnell
Phone: +86-10- 5900-1548
E-mail: carnell@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
SOURCE Jumei International Holding Limited