Commerzbank AG, Frankfurt / Main, Germany informed us on December 10, 2020 pursuant to Art. 43(1) WpHG thereby making reference to the exceedance of the threshold of 10% from December 07, 2020 , as follows:
  • The investment did not serve the purpose of implementing strategic objectives or generating trading profits, but resulted from the technical settlement ot the capital increase of KION GROUP AG on 7 December 2020.
  • The reporting person does not intend to obtain further voting rights by acquisition or any other way.
  • The reporting person does not intend to influence the composition of the issuers' administration, management or supervisory board.
  • The reporting person does not intend to change the capital structure of the company, especially with regards to the ratio of internal/outside financing and the dividend policy.
  • Concerning the source of funds, the capital is financed by 100% through equity capital with which the reporting person needs to finance the acquisition of the voting rights.

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Kion Group AG published this content on 11 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2020 20:14:01 UTC