Schaltbau Holding AG, DE0007170300

Schaltbau Holding AG, DE0007170300

23.05.2017 - 14:02:53

Schaltbau Holding AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

  Referring to the voting rights notifications (Group notifications) of May 10, 2017 Of Mr Florian Schuhbauer including his affiliate companies Active Ownership Advisors GmbH, Active Ownership Capital S. à r. l. and Active Ownership Fund SICAV-FIS SCS and Of Mr Klaus Röhrig including his affiliate companies Tamlino Investments Ltd., Tamlino Import&Advisory LP, 3R Investments Ltd., Active Ownership Capital S. à r. l. and Active Ownership Fund SICAV-FIS SCS (Mr Schuhbauer together with his aforementioned affiliate companies and Mr Röhrig together with his aforementioned affiliate companies referred to subsequently jointly as the 'Notifiers'), the following is being announced pursuant to § 27a WpHG:  

Goals of the acquisition of voting rights, § 27a Sect. 1 Sent. 3 WpHG The investment serves the implementation of strategic goals, respectively. The Notifiers intend to acquire further shares of Schaltbau Holding AG within the subsequent twelve months. The Notifiers strive for influence on the staffing of administrative, management, and supervisory bodies. In particular, the Notifiers intend to support the agenda enhancement resolution of SATORA Beteiligungs GmbH dated May 8, 2017 in order to acquit the acting Supervisory Board candidates Mr Hans Jakob Zimmermann, Dr. Ralph Heck and Mr Friedrich Smaxwil of their duties, and to elect in lieu the candidates Mr Andreas Knitter, Mr Florian Schuhbauer and Mag. Klaus Röhrig to the Supervisory Board. In lieu of the candidate Mag. Klaus Röhrig proposed by SATORA Beteiligungs GmbH, the Notifiers intend to present in the General Meeting a counter candidate with industry expertise. The Notifiers intend to increase the equity ratio of Schaltbau Holding AG. To that end, the Notifiers are prepared in principle to accompany a capital increase of the Company that they may deem appropriate, as an Anchor Investor. Source of the funds used in the acquisition of voting rights, § 27a Sect. 1 Sent. 4 WpHG Active Ownership Fund SICAF-FIS SCS has used only own funds in the financing of the acquisition of the voting rights.    

23.05.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Schaltbau Holding AG Hollerithstraße 5 81829 Munich

Germany Internet: www.schaltbau.de   End of News DGAP News Service

576535  23.05.2017 

@ dgap.de