Leoni AG
Leoni AG: Release according to Article 43, Section 1,2 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Leoni AG
Notification pursuant to Article 43, Section 1 WpHG
On 3 March 2021, Dipl.-Ing. Stefan Pierer informed us of the following: Due to the fact that on 8 February 2021 the threshold of 10% of the voting rights attached to shares in LEONI AG was exceeded, the following notification is made pursuant to article 43, section 1 WpHG for the further subsidiaries mentioned under item 8 of the voting rights notification of 9 February 2021, i.e. for Pierer Konzerngesellschaft mbH and Pierer Industrie AG: 1. The investment primarily serves the implementation of strategic objectives, whereby the sale of shares, also for the purpose of achieving trading profits, is not excluded. 2. Depending on the stock exchange price and the general performance of the Company, it is intended to obtain further voting rights, if any, by acquisition or otherwise within the next twelve months. 3. It is intended that the member of the Management Board of Pierer Industrie AG, Mr. Klaus Rinnerberger, shall become a member of the Supervisory Board of LEONI AG. In addition, it is intended to address opinions, considerations and recommendations to the Company and thus possibly influence the appointment or dismissal of members of the Company’s administrative, management and supervisory bodies. 4. No significant change in the capital structure of the Company, in particular regarding the ratio of equity and debt financing or the dividend policy, is currently intended. 5. The acquisition of the voting rights was financed from own funds.
03.03.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Leoni AG |
Marienstraße 7 | |
90402 Nuremberg | |
Germany | |
Internet: | www.leoni.com |
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