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    NOEJ   DE000A1H8BV3

NORMA GROUP SE

(NOEJ)
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NORMA Group SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

10/04/2021 | 11:10am EST

DGAP Voting Rights Announcement: NORMA Group SE NORMA Group SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 2021-10-04 / 17:09 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.

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Allianz Global Investors GmbH, Frankfurt/Main, Germany informed us on September 28, 2021 pursuant to Section 43 (1), sentence 1 and 3 WpHG thereby making reference to the exceedance of the threshold of 10% or a higher threshold from September 20, 2021, as follows: 1) Allianz Global Investors GmbH does not directly hold any voting rights in the Company. All voting rights are fully attributed by funds managed by Allianz Global Investors GmbH (the 'Funds'), which in turn hold the voting rights; 2) the Funds' participation in the Company is for the purpose of generating trading profits; 3) Allianz Global Investors GmbH intends, depending on the stock exchange price and the general economic situation of the Company, to obtain further voting rights, if any, for individual or several Funds by acquisition or otherwise within the next twelve months; 4) Allianz Global Investors GmbH seeks to influence the composition of the administrative, management and supervisory bodies of the Company by expressing opinions, giving advice and making recommendations. Allianz Global Investors GmbH does not intend to participate in the relevant bodies or in the active management of the Company (not even via affiliated third parties), nor does it intend to have any legal or de facto authority to issue directives; 5) Allianz Global Investors GmbH currently does not seek any significant change in the capital structure of the Company, in particular with regard to the ratio of equity and debt financing and the dividend policy. Furthermore, Allianz Global Investors GmbH discloses the following with regard to the origin of the funds used for the acquisition of the voting rights pursuant to Section 43 (1) sentence 1 and 4 WpHG: The voting rights were acquired by means of funds managed by Allianz Global Investors GmbH. Therefore, Allianz Global Investors GmbH did not raise any own or third-party funds for the acquisition of the voting rights.

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2021-10-04 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language:     English 
Company:      NORMA Group SE 
              Edisonstr. 4 
              63477 Maintal 
              Germany 
Internet:     www.normagroup.com 
 
End of News   DGAP News Service 
=------------ 

1237272 2021-10-04

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1237272&application_name=news

(END) Dow Jones Newswires

October 04, 2021 11:09 ET (15:09 GMT)

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Financials
Sales 2021 1 081 M 1 223 M 1 223 M
Net income 2021 61,7 M 69,8 M 69,8 M
Net Debt 2021 314 M 355 M 355 M
P/E ratio 2021 17,2x
Yield 2021 2,36%
Capitalization 1 057 M 1 193 M 1 195 M
EV / Sales 2021 1,27x
EV / Sales 2022 1,14x
Nbr of Employees 6 484
Free-Float 100%
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Technical analysis trends NORMA GROUP SE
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 33,16 €
Average target price 41,36 €
Spread / Average Target 24,7%
EPS Revisions
Managers and Directors
Michael Schneider Chief Executive Officer
Annette Stieve Chief Financial Officer
GŘnter Hauptmann Chairman-Supervisory Board
Friedrich Klein Chief Operating Officer
Gisa Ortwein Group Compliance Officer
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