HOCHTIEF Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
April 06, 2021 at 07:01 am EDT
Share
DGAP Voting Rights Announcement: HOCHTIEF Aktiengesellschaft
HOCHTIEF Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
06.04.2021 / 13:00
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:
HOCHTIEF Aktiengesellschaft
Street:
Alfredstraße 236
Postal code:
45133
City:
Essen Germany
Legal Entity Identifier (LEI):
529900Y25S8NZIYTT924
2. Reason for notification
X
Acquisition/disposal of shares with voting rights
X
Acquisition/disposal of instruments
Change of breakdown of voting rights
Other reason:
3. Details of person subject to the notification obligation
Legal entity: The Goldman Sachs Group, Inc. City of registered office, country: Wilmington, DE, United States of America (USA)
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
29 March 2021
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
0.56 %
9.69 %
10.25 %
70646707
Previous notification
0.12 %
8.30 %
8.42 %
/
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)
DE0006070006
0
396119
0 %
0.56 %
Total
396119
0.56 %
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 %
Right To Recall
Open
209735
0.30 %
Call Option
16.12.2022
156000
0.22 %
Total
365735
0.52 %
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 %
Swap
31.12.2030
Cash
148562
0.21 %
CFD
17.03.2031
Cash
515751
0.73 %
Call Warrant
31.12.2030
Cash
45910
0.06 %
Put Warrant
31.12.2030
Cash
959
0.001 %
Call Option
31.03.2026
Physical
5617666
7.95 %
Put Option
31.03.2026
Physical
5767666
8.16 %
Total
6478849
9.17 %
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)
The Goldman Sachs Group, Inc.
%
%
%
GSAM Holdings LLC
%
%
%
Goldman Sachs Asset Management, L.P.
%
%
%
-
%
%
%
The Goldman Sachs Group, Inc.
%
%
%
Goldman, Sachs & Co. Wertpapier GmbH
%
%
%
-
%
%
%
The Goldman Sachs Group, Inc.
%
%
%
Goldman Sachs & Co. LLC
%
%
%
-
%
%
%
The Goldman Sachs Group, Inc.
%
%
%
Goldman Sachs (UK) L.L.C.
%
%
%
Goldman Sachs Group UK Limited
%
%
%
Goldman Sachs International
%
9.29 %
9.29 %
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:
Ad 7.b.2: The put and call options amounting to a percentage of 7.95% each were not aggregated as they relate to a collar transaction under which, on a consolidated basis, Goldman Sachs International can acquire 7.95% of the voting rights in HOCHTIEF Aktiengesellschaft only once.
Date
01 Apr 2021
06.04.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Hochtief AG is a Germany-based holding company engaged in the construction industry. Through its subsidiaries, Hochtief delivers construction and civil engineering projects for the transportation, energy and urban infrastructure industries, as well as the mining industry. It operates three business divisions: Hochtief Americas coordinates construction activities in the United States, Canada and Brazil; Hochtief Asia Pacific covers construction activities in Asia and Australia involving building, infrastructure and contract mining projects, and Hochtief Europe conducts construction projects in Europe and select regions worldwide, involving real estate and transport infrastructure, such as tunnels, bridges, airports, marine ports and sports stadiums. The Company operates a number of subsidiaries, notably Turner Construction Co., Flatiron Construction Corp., CIMIC Group Ltd., and Hochtief Infrastructure GmbH, It operates as a subsidiary of Actividades de Construccion y Servicios SA.
HOCHTIEF Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution