LEONI
DGAP Voting Rights Announcement: Leoni AG
On 3 May 2021, Dipl.-Ing. Stefan Pierer informed us of the following: Due to the fact that on 9th April 2021 the threshold of 15% of the voting rights attached to shares in LEONI AG was exceeded, I hereby notify you pursuant to section 43 para 1 WpHG, also on behalf of the further subsidiaries mentioned under item 8 of the voting rights notification dated 12 April 2021, i. e. Pierer Konzerngesellschaft mbH and Pierer Industrie AG, as follows: 1. The investment primarily serves the implementation of strategic objectives, whereby the sale of shares, also for the purpose of achieving trading profits, is not excluded. 2. Depending on the stock exchange price and the general performance of the company, it is intended to obtain further voting rights, if any, by acquisition or otherwise within the next twelve month. 3. The notifying parties seek representation in the Supervisory Board of LEONI AG in commensuration with their shareholding. The Company does currently not aim to influence the composition of the Management Board of LEONI AG. In addition, it is intended to address opinions, considerations and recommendations to the Company and thus possibly influence the appointment or dismissal of members of the Company's administrative, management and supervisory bodies. 4. No significant change in the capital structure of the company, in particular regarding the ratio of equity and debt financing or the dividend policy, is currently intended. 5. The acquisition of the voting rights was partly financed from own funds and partly based on attribution pursuant to section 34, para. 1, sentence 1, no. 6 WpHG.
03.05.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Leoni AG |
| Marienstraße 7 | |
| 90402 Nuremberg | |
| Germany | |
| Internet: | www.leoni.com |
| End of News | DGAP News Service |
1191896 03.05.2021
