Hudson Group Announces Pricing of Initial Public Offering

East Rutherford, NJ – February 1, 2018 – Hudson Ltd. (“Hudson Group”), a leader in North American travel retail, announced today the pricing of its initial public offering of 39,417,765 Class A common shares at a public offering price of $19.00 per share. The shares are expected to begin trading on the New York Stock Exchange on February 1, 2018, under the ticker symbol "HUD." All of the Class A common shares will be sold by Dufry International AG, a wholly-owned subsidiary of Dufry AG, and Hudson Group will not receive any proceeds from the offering. Dufry International AG has granted the underwriters a 30-day option to purchase up to an additional 5,912,664 Class A common shares at the initial offering price, less the underwriting discount.

The closing of the offering is expected to occur on February 5, 2018, subject to the satisfaction of customary closing conditions.

Credit Suisse, Morgan Stanley and UBS Investment Bank are serving as lead bookrunners and as representatives of the underwriters for the offering. BofA Merrill Lynch and Goldman Sachs & Co. LLC are also serving as bookrunners for the offering. Banco Santander, BBVA, BNP PARIBAS, Credit Agricole CIB, HSBC, Natixis, Raiffeisen Centrobank and UniCredit Capital Markets are serving as co-managers for the offering.

The offering is being made only by means of a prospectus. Copies of the prospectus related to the offering may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, or by telephone at (800) 221-1037, or by email at; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, or by telephone at (888) 827-7275, or by e-mail at

A registration statement on Form F-1 relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, 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 registration statement on Form F-1 may be accessed through the SEC’s website at

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