JOST Werke AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Dear Sir or Madam, Referring to the voting rights notification (group notification) pursuant to Secs. 21, 24 WpHG dated 2 October 2017 concerning JOST Werke AG, Siemensstrasse 2, 63263 Neu-Isenberg, Germany, NIBC Bank N.V., The Hague (The Netherlands), acting on its own behalf as well as on behalf of each, NIBC MBF Mezzanine IB B.V., NIBC MBF Equity IB B.V., NIBC Principal Investment Equity B.V. and NIBC Principal Investments B.V. (together the 'Notifying Persons'), herewith notifies you pursuant to Sec. 27a para. 1 WpHG of the following: 1. Purposes of the acquisition of voting rights: a) The Notifying Persons intend to generate trading profits with the acquisition. b) The Notifying Persons do not intend to acquire or to otherwise obtain further voting rights in Jost Werke AG within the next twelve months. c) The Notifying Persons do not intend to exert influence on the appointment or removal of members of the administrative, managing and supervisory bodies of Jost Werke AG. d) The Notifying Persons do not intend to materially change the issuer's capital structure, in particular, the ratio between equity financing and debt financing, and the dividend policy. 2. Origin of the funds used to acquire voting rights: Pursuant to Sec. 27a para. 1 sentence 4 WpHG we hereby notify you that NIBC MBF Mezzanine IB B.V. has acquired the voting rights due to a conversion of instruments which were issued by shareholders of Jost Werke AG prior to the IPO of Jost Werke AG and which entitled inter alia to the receipt of shares in Jost Werke AG. NIBC MBF Mezzanine IB B.V. has therefore neither utilized equity nor debt financing for the acquisition of the voting rights in Jost Werke AG. For the prior acquisition of instruments, NIBC MBF Mezzanine IB B.V. has utilized equity financing. Regarding the other Notifying Persons, the acquisition of voting rights in Jost Werke AG occurred due to the attribution of the voting rights in accordance with Sec. 22 para 1 sentence 1 no. 1 WpHG. Therefore, they neither utilized equity nor debt financing for the acquisition of voting rights in Jost Werke AG.
27.10.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language: English Company: JOST Werke AG Siemensstraße 2 63263 Neu-Isenburg
Germany Internet: www.jost-world.com End of News DGAP News Service