Yatra Announces Closing of Public Offering

Yatra Announces Closing of Public Offering

Yatra announced the closing of its previously announced underwritten follow-on offering of 10,350,000 ordinary shares, including 1,350,000 ordinary shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, at a public offering price of $5.50 per share. The offering closed on June 26, 2018.

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Yatra Online, Inc. (Yatra) (NASDAQ: YTRA), one of India’s leading online travel companies, today announced the closing of its previously announced underwritten follow-on offering of 10,350,000 ordinary shares, including 1,350,000 ordinary shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, at a public offering price of $5.50 per share. The offering closed on June 26, 2018.

The net proceeds from the offering are approximately $53.0 million. Yatra intends to use the net proceeds from the offering for general corporate and business purposes. Citigroup and Jefferies acted as joint book-running managers for the offering.

A shelf registration statement on Form F-3 (File No. 333-224661) relating to the public offering of the ordinary shares described above was previously filed with, and declared effective by, the U.S. Securities and Exchange Commission (the “SEC”). A final prospectus supplement relating to the offering was filed with the SEC on June 22, 2018 and is available on the SEC’s website at http://www.sec.gov .

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