02. Mar 2022

WashTec AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

WashTec AG
WashTec AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

02.03.2022 / 10:25
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.


By voting rights notification dated 28 February 2022, Alantra EQMC Asset Management SGIIC, S.A.,
Madrid, Spain ('Alantra EQMC'), notified us that on 25 February 2022 Alantra EQMC exceeded the
threshold of 15% of the voting rights in WashTec AG ('WashTec') in accordance with sections 33,
34 WpHG. Alantra EQMC holds no voting rights in WashTec directly; all voting rights are rather held
by funds managed by Alantra EQMC.

In this context we were informed by Alantra EQMC pursuant to section 43 paragraph 1 sentence 3 WpHG as follows:
  1. The acquisition of the voting rights in WashTec serves to generate trading profits.
  2. Depending on the stock market price and the general economic situation of WashTec, Alantra EQMC might acquire further voting rights within the next twelve months.
  3. It is intended, in particular by expressing opinions and/or deliberations, to exert influence on the appointment or removal of members of the administrative, managing and supervisory bodies of WashTec.
  4. Depending on the success of the ongoing management strategy, market conditions and available transaction opportunities, Alantra EQMC would evaluate proposing to the relevant bodies of WashTec introducing relevant changes to the capital structure or the dividend policy.

The acquisition of the shareholding of approximately 15.12% of the voting rights in WashTec by
Alantra EQMC, which led to the aforementioned voting rights notification threshold being exceeded,
was financed by the equity of the funds managed by Alantra EQMC.


02.03.2022 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: WashTec AG
Argonstraße 7
86153 Augsburg
Germany
Internet: www.washtec.de

 
End of News DGAP News Service

1292243  02.03.2022 

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