Gesco AG: Release according to Article 43, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
March 01, 2021 at 11:56 am EST
Share
DGAP Voting Rights Announcement: Gesco AG
Gesco AG: Release according to Article 43, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
01.03.2021 / 17:54
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.
Mr Norman Rentrop, Germany, and Investmentaktiengesellschaft für langfristige Investoren TGV, Bonn, Germany, informed us on December 23, 2020 pursuant to section 33 (1) WpHG that their share of voting rights exceeded the threshold of 15% on December 22, 2020 and amounted to 15.05% on that day. With reference to this notification, Mr Norman Rentrop and Investmentaktiengesellschaft für langfristige Investoren TGV have informed us as follows with regard to the objectives pursued by the acquisition of the voting rights and the source of the funds used for the acquisition pursuant to section 43 (1) WpHG:
1. Mr Norman Rentrop
I consider the investment in Gesco AG as a long-term investment. The investment is used to realize trading profits in the long term.
I intend to obtain further voting rights by acquisition or any other way within the next twelve months.
Currently, it is not intended to exert any influence on the composition of the administrative, management and supervisory bodies of Gesco AG.
Significant changes to Gesco AG's capital structure, in particular with regard to the ratio of equity and debt financing as well as the dividend policy, are not currently being pursued.
The voting rights were acquired with own funds.
2. Investmentaktiengesellschaft für langfristige Investoren TGV
Investmentaktiengesellschaft für langfristige Investoren TGV considers the investment in Gesco AG as a long-term investment. The investment is used to realize trading profits in the long term.
We intend to obtain further voting rights by acquisition or any other way within the next twelve months.
Currently, it is not intended to exert any influence on the composition of the administrative, management and supervisory bodies of Gesco AG.
Significant changes to Gesco AG's capital structure, in particular with regard to the ratio of equity and debt financing as well as the dividend policy, are not currently being pursued.
The voting rights were acquired with own funds.
01.03.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Gesco AG is a Germany-based investment company that acquires industrial small and medium-sized enterprises (SMEs). The Company focuses on production process technology, resource technology, health, and infrastructure technology, as well as mobility technology, and operates as a long-term investor. It manages takeovers both through management buyouts (MBOs) and management buy-ins (MBI), and through group spin-offs. It offers machines, production facilities, tools, components, and services from steelmaking to 3Dimension (3D) printing, from medical technology to special purpose mechanical engineering. The Company operates in Germany and its subsidiaries include, among others, Astroplast Kunststofftechnick Gmbh & Co KG, Franz Funke Zerspanungstechnik GmbH & Co KG, Doemer GmbH & Co KG Stanz- und Umformtechnologie, Doerrenberg Edelstahl GmbH, MAE Group, SVT GmbH, Frank Group and Setter Group.
GESCO SE 
