Latham & Watkins Advises Underwriters in Mytheresa’s IPO

MYT Netherlands Parent B.V. (Mytheresa), the parent company of the Mytheresa Group GmbH and one of the leading global luxury fashion e-commerce retailers, has announced the pricing of its initial public offering of 15,647,059 of American Depositary Shares at a price of US$26 per ADS. The Company is selling 13,647,059 ADSs and its sole shareholder is selling 2 million ADSs in the offering. Each ADS represents one ordinary share of the Company. The Company and the selling shareholder have granted the underwriters a 30-day option to purchase up to an additional 2,347,058 ADSs in aggregate at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on January 21, 2021, under the ticker symbol "MYTE" and the offering is expected to close on January 25, 2021, subject to customary closing conditions.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by New York partners Marc Jaffe and Adam Gelardi and Frankfurt partners Oliver Seiler and David Rath, with associates Jenna Gascoyne, Zoey Wu, and Tomer Stein.