29.09.2017 09:54:36

DGAP-Stimmrechtsanteile: KUKA AG

DGAP-PVR: KUKA Aktiengesellschaft: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DGAP Voting Rights Announcement: KUKA Aktiengesellschaft
KUKA Aktiengesellschaft: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

29.09.2017 / 09:54
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


On 26 September 2017, Guangdong Midea Electric Co., Ltd. (PRC) informed us in accordance with § 27a para. 1 of the German Securities Trading Act ('WpHG') as follows:

'On 1 September 2017, Midea Group Co., Ltd. (PRC) has notified you pursuant to § 21 para. 1 WpHG on its own behalf and on behalf of Guangdong Midea Electric Co., Ltd. (PRC) and Midea Electric Netherlands (I) B.V. that the portion of voting rights in KUKA Aktiengesellschaft held directly by Midea Electric Netherlands (I) B.V. and attributed to Midea Electric Netherlands (I) B.V. pursuant to § 22 para. 2 WpHG, which are in turn attributed to Guangdong Midea Electric Co., Ltd. (PRC) and Midea Group Co., Ltd. (PRC) pursuant to § 22 para. 1 sentence 1 No. 1 WpHG, has crossed the threshold of 10% on 30 August 2017 and on that day amounted to 94.55% (equaling 37,605,732 voting rights). Midea Group Co., Ltd. (PRC) is a non-state­ owned public company.

Against this background Guangdong Midea Electric Co., Ltd. (PRC) hereby informs you pursuant to § 27a para. 1 WpHG as follows:
1. Objectives of the investment (§ 27a para. 1 sentence 3 WpHG)

1.1 The investment is aimed at implementing strategic objectives.

1.2 Guangdong Midea Electric Co., Ltd. (PRC) does not intend to acquire further voting rights in KUKA Aktiengesellschaft within the next twelve months by way of purchasing or by other means, provided, however, that it might acquire further voting rights from affiliated companies as part of an intragroup restructuring.

1.3 Guangdong Midea Electric Co., Ltd. (PRC) does not intend to exercise influence on the appointment or removal of members of the administrative, managing and supervisory bodies of KUKA Aktiengesellschaft other than by exercising the voting rights held through Midea Electric Netherlands (I) B.V. in the ordinary course of elections of members of the supervisory board in the general meeting.

1.4 Guangdong Midea Electric Co., Ltd. (PRC) does not intend to change KUKA Aktiengesellschaft's capital structure, particularly with regard to the ratio of equity and debt financing and the company's dividend policy.
2. Source of the funding for the acquisition of voting rights (§ 27a para. 1 sentence 4 WpHG)

The voting rights in KUKA Aktiengesellschaft were acquired solely by way of attribution of voting rights pursuant to § 22 para. 1 sentence 1 No. 1 WpHG as a consequence of the acquisition of voting rights by Midea Electric Netherlands (I) B.V. Such transaction was financed by third-party financing.'
 


29.09.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: KUKA Aktiengesellschaft
Postfach 43 12 69
86072 Augsburg
Germany
Internet: www.kuka.com

 
End of News DGAP News Service

614391  29.09.2017 

fncls.ssp?fn=show_t_gif&application_id=614391&application_name=news&site_id=smarthouse

Analysen zu KUKA AGmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!