Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Wohnen SE    DWNI   DE000A0HN5C6

DEUTSCHE WOHNEN SE

(DWNI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

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

share with twitter share with LinkedIn share with facebook
share via e-mail
01/14/2020 | 10:40am EST

DGAP Voting Rights Announcement: Deutsche Wohnen SE
Deutsche Wohnen SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

14.01.2020 / 15:26
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 9 January 2020 Deutsche Wohnen SE received the following statement of intent and origin of the funds pursuant to Section 43 of the Securities Trading Act (WpHG):

'In respect to Section 43 of the Securities Trading Act (WpHG) regarding notification requirements applicable to BlackRock's holding in Deutsche Wohnen SE, please find below the response from us, BlackRock, Inc., and our subsidiaries (together referred to as the 'Notifying Parties'):
  • BlackRock, Inc.
The crossing of the thresholds do not result from acquisitions by the Notifying Parties but from attributions from investment managers and advisors which qualify as subsidiaries of at least one of the Notifying Parties and to which the voting rights are attributed

In respect of the aims underlying the purchase of the voting rights, we, the Notifying Parties, notify that:
  1. The investments are aimed at both implementing strategic objectives and at generating a trading profit. This results from Notifying Parties' overall intention to gain maximum returns for BlackRock's clients on both a short and a long term basis.
  2. We plan to acquire further voting rights within the next twelve months by means of a purchase or by any other means. Because our intention is to gain maximum returns for BlackRock's clients and therefore we may also sell shares.
  3. We intend to exert an influence on the appointment or removal of members of the issuer's administrative, managing and supervisory bodies. We will continue to exercise our right to vote at the company's annual general meeting, and any special general meetings should they be called in the best interests of our clients.
  4. We do not intend to achieve a material change in the company's capital structure, in particular as regards the ratio between own funds and external funds and the dividend policy. However, we might vote on such topics in the same way we set out in no. 3.

In respect of the origin of the funds used, we, the Notifying Parties, notify that:
Client funds were used in order to finance the purchase of the voting rights.'


14.01.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Deutsche Wohnen SE
Mecklenburgische Straße 57
14197 Berlin
Germany
Internet: https://www.deutsche-wohnen.com

 
End of News DGAP News Service

952305  14.01.2020 

fncls.ssp?fn=show_t_gif&application_id=952305&application_name=news&site_id=zonebourse

© EQS 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on DEUTSCHE WOHNEN SE
02/14DEUTSCHE WOHNEN SE : Release according to Article 40, Section 1 of the WpHG [the..
EQ
02/10DEUTSCHE WOHNEN SE : Release of a capital market information
EQ
02/03DEUTSCHE WOHNEN SE : Release of a capital market information
EQ
01/27DEUTSCHE WOHNEN SE : Release of a capital market information
EQ
01/24DEUTSCHE WOHNEN SE : Release according to Article 40, Section 1 of the WpHG [the..
EQ
01/20DEUTSCHE WOHNEN SE : Release of a capital market information
EQ
01/14DEUTSCHE WOHNEN SE : Release according to Article 40, Section 1 of the WpHG [the..
EQ
01/13DEUTSCHE WOHNEN SE : Release of a capital market information
EQ
01/06DEUTSCHE WOHNEN SE : Release of a capital market information
EQ
01/03DEUTSCHE WOHNEN SE : Release according to Article 40, Section 1 of the WpHG [the..
EQ
More news
Financials (EUR)
Sales 2019 831 M
EBIT 2019 760 M
Net income 2019 1 382 M
Debt 2019 9 064 M
Yield 2019 2,51%
P/E ratio 2019 10,6x
P/E ratio 2020 18,4x
EV / Sales2019 27,5x
EV / Sales2020 27,5x
Capitalization 13 804 M
Chart DEUTSCHE WOHNEN SE
Duration : Period :
Deutsche Wohnen SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DEUTSCHE WOHNEN SE
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 39,55  €
Last Close Price 38,90  €
Spread / Highest target 54,0%
Spread / Average Target 1,66%
Spread / Lowest Target -31,9%
EPS Revisions
Managers
NameTitle
Michael Zahn Chief Executive Officer
Matthias Hünlein Chairman-Supervisory Board
Lars Urbansky Chief Operating Officer
Philip Grosse Chief Financial Officer
Andreas Kretschmer Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
DEUTSCHE WOHNEN SE6.81%14 967
CHINA VANKE CO., LTD.--.--%49 311
CHINA EVERGRANDE GROUP-13.79%32 181
VONOVIA SE10.79%31 268
CHINA MERCHANTS SHEKOU IND ZN HLDG COLTD--.--%19 977
VINGROUP JSC--.--%15 221