AUTO1 Group SE / DE000A2LQ884
04.09.2024 - 18:00:08Correction of a release from 30/08/2024, 18:00 CET/CEST - AUTO1 Group SE: Release according to Article 43, Section 2 of the WpHG [the German Securities Trading Act]
EQS Voting Rights Announcement: AUTO1 Group SE 04.09.2024 / 18:00 CET/CEST Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Eric Bannasch on his own behalf and on behalf of Cadian GP, LLC, Cadian Capital Management GP, LLC, Cadian Capital Management, LP and Cadian Master Fund L.P. informed us on 30 August 2024 pursuant to sec. 43 (1) German Securities Trading Act (Wertpapierhandelsgesetz), without disclosing the share of the respective forms of financing in the total financing of the increase of voting rights, about the following: Following the crossing of the 10% threshold in voting rights of AUTO1 Group SE, Bergmannstraße 72, D-10961 Berlin (LEI 391200S2LPXG5ZD5G304) (the “Company”) on 19 August 2024 and with reference to the related voting rights notification dated 20 August 2024, Eric Bannasch on his own behalf; and on behalf of the below undertakings referred to in no. 8 of the voting rights notification: Cadian GP, LLC; Cadian Capital Management GP, LLC; Cadian Capital Management, LP; and Cadian Master Fund L.P. (together the “Notifying Parties”) hereby notifies the Company pursuant to Sec. 43 para. 1 sentences 1 and 3 WpHG as follows, provided that the English version shall prevail: 1. Objectives pursued with the acquisition: a) The acquisition of voting rights in the Company serves the implementation of day-to- day investment activities aimed at the realization of return on investments while not excluding the implementation of strategic objectives. b) Over the next twelve months, further acquisitions of voting rights of the Company will largely depend on the share price and the general economic situation of the Company. c) The Notifying Parties may seek to exert influence on the composition of the Company’s administrative, managing and supervisory bodies by expressing opinions and through discussions and recommendations. The Notifying Parties do not intend to seek to participate in the relevant bodies themselves. d) The Notifying Parties do not currently intend to seek a material change in the capital structure of the Company, in particular with regard to the ratio of equity and debt financing and the dividend policy. 2. Origin of the funds used for the acquisition of the voting rights: The voting rights were acquired using limited partner contributions and margin loans obtained by the funds. 04.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | AUTO1 Group SE |
Bergmannstr. 72 | |
10961 Berlin | |
Germany | |
Internet: | https://www.auto1-group.com |
End of News | EQS News Service |
|