Leifheit Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

23
April
2020

Voting Rights

Leifheit Aktiengesellschaft
23.04.2020 / 19:25
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.

In a letter dated 21 April 2020, received on 22 April 2020, EQMC Europe Development Capital Fund Plc, Dublin, Ireland, sent Leifheit AG the following notification pursuant to Sec. 43 (1) WpHG:

'Dear Sir or Madam,

By voting rights notification dated 15 April 2020, EQMC Europe Development Capital Fund Plc ('EQMC SICAV'), notified that on 9 April 2020 EQMC SICAV exceeded the threshold of 10% of the voting rights in Leifheit Aktiengesellschaft ('Leifheit') in accordance with sections 33, 34 WpHG. EQMC SICAV is hereby represented by Alantra EQMC Asset Management SGIIC, S.A. acting as its investment manager.

In this context we inform pursuant to section 43 paragraph 1 sentence 3 WpHG as follows:

  1. The acquisition of the voting rights in Leifheit serves to generate trading profits.
  2. Depending on the stock market price and the general economic situation of Leifheit, EQMC SICAV might acquire further voting rights within the next twelve months.
  3. It is intended, by expressing opinions and/or deliberations, to exert influence on the appointment or removal of members of the administrative, managing and supervisory bodies of Leifheit.
  4. Depending on the success of the ongoing management strategy, market conditions and available transaction opportunities, EQMC SICAV would evaluate proposing to the relevant bodies of Leifheit introducing relevant changes to the capital structure or the dividend policy.

The acquisition of the shareholding of approximately 10.44% of the voting rights in Leifheit by EQMC SICAV, which led to the aforementioned voting rights notification threshold being exceeded, was financed by its own the equity.'

Contact:
Leifheit AG
D-56377 Nassau
ir@leifheit.com
Tel. +49 2604 977 218
 



23.04.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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