Correction of a release from 02/12/2019, 10:47 CET/CEST - MS Industrie AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
December 06, 2019 at 09:55 am EST
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DGAP Voting Rights Announcement: MS Industrie AG
Correction of a release from 02/12/2019, 10:47 CET/CEST - MS Industrie AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
06.12.2019 / 15:52
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.
Universal-Investment Gesellschaft mbH, Frankfurt am Main, notified us pursuant to section 43 (1) of the WpHG on November 28, 2019 in connection with exceeding or reaching the 10% threshold or a higher threshold from November 20, 2019:
Objectives of the acquisition (§ 43 para. 1 sentence 3 WpHG)
The acquisition was carried out on behalf of Universal-Investment-Gesellschaft mbH managed assets and should make a positive contribution to performance.
After reaching the reporting threshold on November 20, 2019, no further shares were acquired. Currently, Universal-Investment-Gesellschaft mbH holds a total of 3,016,676 shares for the account of its investment fund; currently further acquisitions are not planned.
Universal-Investment-Gesellschaft mbH does not intend to influence the composition of the Supervisory Board and Management Board of MS Industrie AG, Munich.
In regard to the the capital structure, the ratio of equity and debt financing and dividends, no significant changes to the current policy of the Supervisory Board and Management Board of MS Industrie AG, Munich, are pursued.
Source of funds (§ 43 para. 1 sentence 4 WpHG)
The voting rights were acquired for the account of the funds managed by Universal-Investment-Gesellschaft mbH through the exclusive use of borrowed funds.
06.12.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
MS Industrie AG, formerly GCI Industrie AG, is a Germany-based industrial technology company that operates through two segments: Powertrain Technology and Ultrasonic Technology. The Powertrain Technology segment manufactures systems and components for heavy-duty diesel engines, automotive components and systems, and customized electric motors. The Ultrasonic Technology segment provides various ultrasonic solutions, including machines for fully integrated processing of plastic parts, such as fenders, door panels, instrument panels, as well as engine and luggage compartment covers for automotives, generators, sonotrodes and ultrasonic systems for welding, sealing, cutting, slitting and punching of film, paper, tissue, nonwovens or filter material. It serves customers from the commercial vehicle and passenger car industry, packaging machine industry and general mechanical and plant engineering. The Company operates sites in Germany, Bulgaria, the United States, Brazil and China.