METRO AG
DGAP Voting Rights Announcement: METRO Wholesale & Food Specialist AG Meridian Stiftung, Essen, Germany, on 8 August 2017 notified us according to Sec. 27a para. 1 WpHG (German Securities Trading Act) in connection with the exceeding or reaching of the 10%-threshold or a higher threshold of the following: 'Preliminary remark: The increase of the notifying party's voting rights results from a statutory allocation of shares in METRO Wholesale & Food Specialist AG following the demerger (Spaltung) of METRO AG. I. As regards the objectives pursued in connection with the acquisition of the voting rights: 1. The investment serves the implementation of strategic objectives. 2. It is not intended to obtain additional voting rights in METRO Wholesale & Food Specialist AG within the next twelve months by way of acquisition or otherwise. 3. Mr. Peter Küpfer is currently a member of the supervisory board of METRO Wholesale & Food Specialist AG. It is the intention of the notifying party to be represented, via Palatin Verwaltungsgesellschaft mbH, on the supervisory board of METRO Wholesale & Food Specialist AG also in future. The notifying party is not entitled to appoint a member of the supervisory board of METRO Wholesale & Food Specialist AG. 4. There are no intentions to bring about a significant change in the capital structure of METRO Wholesale & Food Specialist AG, in particular with regard to the equity/debt financing ratio or the dividend policy. II. As regards to the origin of funds used: The increase of the notifying party's voting rights results from a statutory allocation of shares in METRO Wholesale & Food Specialist AG following the demerger (Spaltung) of METRO AG. For this reason, no provision of information regarding the origin of the funds used is required.'
08.08.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | METRO Wholesale & Food Specialist AG |
| Metro-Straße 1 | |
| 40235 Dusseldorf | |
| Germany | |
| Internet: | www.metroag.de |
| End of News | DGAP News Service |
599745 08.08.2017
