Artnet AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
January 30, 2019 at 11:20 am EST
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DGAP Voting Rights Announcement: artnet AG
artnet AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
30.01.2019 / 17:18
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.
Notification of Major Holdings
1. Details of issuer
Name:
artnet AG
Street:
Oranienstraße 164
Postal code:
10969
City:
Berlin Germany
Legal Entity Identifier (LEI):
391200SHGPEDTRIC0X31
2. Reason for notification
X
Acquisition/disposal of shares with voting rights
Acquisition/disposal of instruments
Change of breakdown of voting rights
X
Other reason: Inheritance, from assets of Mr. Klaus Jochen Schaeffer (see point 10)
3. Details of person subject to the notification obligation
Natural person (first name, surname): Andrea Sybill Schaeffer Date of birth: 12 Sep 1949
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
SSP Immobilien GmbH & Co. KG
5. Date on which threshold was crossed or reached:
11 Apr 2018
6. Total positions
% of voting rights attached to shares (total of 7.a.)
% of voting rights through instruments (total of 7.b.1 + 7.b.2)
Total of both in % (7.a. + 7.b.)
Total number of voting rights pursuant to Sec. 41 WpHG
New
5.41 %
0.00 %
5.41 %
5631067
Previous notification
n/a %
n/a %
n/a %
/
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN
Absolute
In %
Direct (Sec. 33 WpHG)
Indirect (Sec. 34 WpHG)
Direct (Sec. 33 WpHG)
Indirect (Sec. 34 WpHG)
DE000A1K0375
0
304922
0.00 %
5.41 %
Total
304922
5.41 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument
Expiration or maturity date
Exercise or conversion period
Voting rights absolute
Voting rights in %
%
Total
%
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument
Expiration or maturity date
Exercise or conversion period
Cash or physical settlement
Voting rights absolute
Voting rights in %
%
Total
%
8. Information in relation to the person subject to the notification obligation
Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X
Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:
Name
% of voting rights (if at least 3% or more)
% of voting rights through instruments (if at least 5% or more)
Total of both (if at least 5% or more)
Andrea Sybill Schaeffer
%
%
%
SSP Immobilien GmbH & Co. KG
5.41 %
%
5.41 %
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
Proportion of voting rights
Proportion of instruments
Total of both
%
%
%
10. Other explanatory remarks:
Mr. Klaus Jochen Schaeffer passed away on April 11, 2018. As of May 27, 2010, he along with then-shareholder Schaeffer Immobilien GmbH had announced a voting share of 8.52%.
SSP Immobilien GmbH & Co. KG is the parent company of Schaeffer Immobilien GmbH, which in turn is the general partner of SSP Immobilien GmbH & Co. KG (so-called 'Einheits-KG'). At the time, Mr. Klaus Jochen Schaeffer held 60% of SSP Immobilien GmbH & Co. KG, while Mrs. Andrea Sybill Schaeffer held 40%.
On October 6, 2017, all artnet shares held directly by Schaeffer Immobilien GmbH were transferred to its parent company, SSP Immobilien GmbH & Co. KG.
Since the death of Mr. Klaus Jochen Schaeffer on April 11, 2018, Mrs. Andrea Schaeffer is the sole limited partner of artnet shareholder SSP Immobilien GmbH & Co. KG.
Date
17 Jan 2019
30.01.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Artnet AG is a Germany-based company engaged in the consumer publishing industry. The Company operates an online portal for purchase, sell and research of fine art, design and decorative art. It divides its business into four segments: the Galleries segment presents artwork of member galleries; the Price Database segment comprises all database-related products, including the artnet Price Database Fine Art and Design, the artnet Price Database Decorative Art, as well as the artnet Market Alert, Market Reports, Monographs and Analytics; the Advertising segment provides banners, as well as national and international advertising on the website; and the Auctions segment that offers platform to buy and sell artworks online.