Oliver Samwer starts Family Foundation

17 JUNE 2016
Summary
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Oliver Samwer starts Family Foundation

Oliver Samwer has transferred his stake in Rocket Internet to the Munich-based "Oliver Samwer Familienstiftung", a family foundation governed by the laws of the Principality of Liechtenstein and subject to unlimited taxation in Germany. This means that all income of the foundation as well as all its distributions will be subject to taxation in Germany. Oliver Samwer’s motivation is to establish a long-term and lasting shareholding structure.

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About Rocket Internet

About Rocket Internet

Rocket Internet incubates and invests in Internet companies with proven business models. It provides operational support to its companies and helps them scale internationally. Rocket Internet focuses predominantly on four industry sectors of online and mobile retail and services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise and Home & Living. Rocket Internet’s selected companies are active in a large number of countries around the world with more than 28,000 employees. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.

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