Stabilus S.A.: Release according to Art. 11 (6) of the Luxembourg Transparency Law and Art. 40 (1) of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
August 23, 2021 at 12:58 pm EDT
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DGAP Voting Rights Announcement: Stabilus S.A.
Stabilus S.A.: Release according to Art. 11 (6) of the Luxembourg Transparency Law and Art. 40 (1) of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
23.08.2021 / 18:57
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.
ESMA/2015/1597
Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
Stabilus S.A.
2. Reason for the notification (please tick the appropriate box or boxes):
[ ] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[X] Other (please specify)iii: Transfer of business from Marathon Asset Management LLP (see other announcement) to Marathon Asset Management Limited
3. Details of person subject to the notification obligationiv:
Name:
Marathon Asset Management Limited
City and country of registered office (if applicable):
London, UK
4. Full name of shareholder(s) (if different from 3.)v:
See attached breakdown.
5. Date on which the threshold was crossed or reachedvi:
23 August 2021
6. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 7.A)
% of voting rights through financial instruments
(total of 7.B.1 + 7.B.2)
Total of both in % (7.A + 7.B)
Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached
6.63
0.00
6.63
24,700,000
Position of previous notification (if applicable)
N/A
N/A
N/A
7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of shares
ISIN code (if possible)
Number of voting rightsix
% of voting rights
Direct
(Art 9 of Directive 2004/109/EC)
Indirect
(Art 10 of Directive 2004/109/EC)
Direct
(Art 9 of Directive 2004/109/EC)
Indirect
(Art 10 of Directive 2004/109/EC)
Ordinary shares
(ISIN: LU1066226637)
1,637,422
6.63
SUBTOTAL A
1,637,422
6.63
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial instrument
Expiration datex
Exercise/ Conversion Periodxi
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
None
SUBTOTAL B.1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument
Expiration datex
Exercise/ Conversion Period xi
Physical or cash settlementxii
Number of voting rights
% of voting rights
None
SUBTOTAL B.2
8. Information in relation to the person subject to the notification obligation (please tick the applicable box):
[X] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii
[ ] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:
Namexv
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
10. Additional informationxvi:
Breakdown of Holdings:
Custodian Nominal
Bank of America Merrill Lynch 38,864
Bank of New York Mellon 297,250
BNP Paribas Securities Services 1,383
Brown Brothers Harriman 203,514
JP Morgan Chase 40,353
Northern Trust 634,441
State Street Bank & Trust Company, Boston 549,523 Total 1,765,328
The provided breakdown of holdings refer to the total number of shares in the issuer managed by the portfolio managers of Marathon Asset Management Limited. No portfolio manager controlled directly a disclosable position. The total includes 127,906 shares for which clients have retained the right to vote.
Done at London, UK on 23 August 2021.
23.08.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Stabilus SE is a Germany-based holding company. The Company is responsible for the management, economic control and financing of the Stabilus Group. The Company through its subsidiaries is a supplier of gas springs, dampers and vibration isolation products to automotive and industrial sector. Stabilus SE is also engages in production and distribution of automatic, electromechanical opening and closing systems which is the motion control solutions that are mainly used for installation in tailgates. The Company's products of applications are in the automotive industry and in the industrial business. The Company's products are typically used to support the lifting and lowering or dampening of movements and are used by to all main vehicle manufacturers.
Stabilus S.A.: Release according to Art. 11 (6) of the Luxembourg Transparency Law and Art. 40 (1) of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution