Weng Fine Art AG (DB:WFA) acquired 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild for approximately €2.25 million on October 1, 2020. Under the terms of acquisition WFA AG paid a price of less than €5 per unit for the 445,000 shares. A further 0.1 million shares were optioned by Robert de Rothschild to WFA by December 31, 2023, but the voting rights from these shares can already be exercised by WFA now. Weng Fine Art AG and Rüdiger K. Weng hold around 24.5% of the voting rights in Artnet AG shares.

Weng Fine Art AG (DB:WFA) completed the acquisition of 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild on October 1, 2020.