05. Nov 2024

WashTec AG: Notification pursuant to Sec. 43 of the German Securities Trading Act with the objective of Europe-wide distribution

WashTec AG
WashTec AG: Notification pursuant to Sec. 43 of the German Securities Trading Act with the objective of Europe-wide distribution

05.11.2024 / 09:22 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Referring to the voting rights notification dated 01/11/2024 notifying that Morgan Stanley, Wilmington, Delaware, USA, has exceeded the threshold of 10% of the voting rights in WASHTEC AG on 29/10/2024, we hereby make the following notification pursuant to Sec. 43 of the German Securities Trading Act (Wertpapierhandelsgesetz):

1. The increase of voting rights resulting in Morgan Stanley exceeding the notification threshold of 10% of the voting rights in WASHTEC AG did not serve the purpose of strategic goals; rather it was made in the context of client facilitation.

2. Morgan Stanley may in the next 12 months acquire further voting rights in WASHTEC AG, in the context of client facilitation.

3. Morgan Stanley does not intend to influence the composition of the management board, supervisory board, or any other administrative body of WASHTEC AG.

4. Morgan Stanley does not intend to cause a significant change in the capital structure of WASHTEC AG, in particular not of the ratio between equity and debt financing and the dividend policy.

5. The increase of voting rights resulting in Morgan Stanley exceeding the notification threshold of 10% of the voting rights in WASHTEC AG resulted from and/or was made in the context of client facilitation. The increase was financed by a combination of external and Morgan Stanley own funds.


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