Braas Monier Building Group S.A.: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Notification of Major Holdings
1. Details of issuer Braas Monier Building Group S.A. 4, rue Lou Hemmer 1748 Senningerberg Grand Duchy of Luxembourg 2. Reason for notification X Acquisition/disposal of shares with voting rights X Acquisition/disposal of instruments Change of breakdown of voting rights X Other reason:Reorganization of group structure by contribution of Standard Industries Inc.'s holdings in Marsella Holdings S.à r.l. into Cortes Holdings LLC and subsequently into Cortes Holdings UK Limited 3. Details of person subject to the notification obligation Name: City and country of registered office: Mr Henry Feuerstein / Charles T. Dowling 4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.Marsella Holdings S.à r.l. 5. Date on which threshold was crossed or reached 29 March 2017 6. Total positions % of voting rights attached to shares (total of 7.a.) % of voting rights through instruments (total of 7.b.1 + 7.b.2) total of both in % (7.a. + 7.b.) total number of voting rights of issuer Resulting situation 94.42 % 0.00 % 94.42 % 43,083,333 Previous notification 0.00 % 70.76 % 70.76 % / 7. Notified details of the resulting situation a. Voting rights attached to shares (Sec.s 21, 22 WpHG) ISIN absolute in % direct (Sec. 21 WpHG) indirect (Sec. 22 WpHG) direct (Sec. 21 WpHG) indirect (Sec. 22 WpHG) LU1075065190 N/A 1,832,425 N/A % 4.25 % LU1498426326 N/A 38,848,708 N/A % 90.17 % Total 40,681,133 94.42 % b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in % N/A N/A N/A N/A N/A % Total N/A N/A % b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG Type of instrument Expiration or maturity date Exercise or conversion period Cash or physical settlement Voting rights absolute Voting rights in % N/A N/A N/A N/A N/A % Total N/A N/A % 8. Information in relation to the person subject to the notification obligation Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (1.). X Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: Name % of voting rights (if at least held 3% or more) % of voting rights through instruments (if at least held 5% or more) Total of both (if at least held 5% or more) Organizational chart:http://n.eqs.com/c/fncls.ssp?u=WMCEPMDYQJ 9. In case of proxy voting according to Sec. 22 para. 3 WpHGDate of general meeting: Holding position after general meeting: % (equals voting rights) 10. Other explanatory remarks:Charles T. Dowling is the trustee of four family trusts (the 'Trusts') and holds legal title in each of the Trusts' assets in his capacity as trustee, including all shares in G Holdings Inc (25% for each of the four trust funds). As trustee, he can remove G Holdings Inc.'s board members and appoint successor board members.
Henry Feuerstein is the protector of the Trusts and has the power to remove the acting trustee and appoint a successor trustee at his discretion.
Dalbergia Investments LLC is a wholly-owned subsidiary of Standard Industries Inc. and held 0.10% of the voting rights in the issuer on 29 March 2017.
04.04.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: Braas Monier Building Group S.A. 4, rue Lou Hemmer 1748 Senningerberg
Grand Duchy of Luxembourg Internet: www.braas-monier.com End of News DGAP News Service