SHW AG / Key word(s): Miscellaneous

06-Apr-2017 / 17:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc disclosure pursuant to Article 17 of the European Market Abuse Regulation

SHW AG: Investment of Anhui ARN Group in SHW shares was made to pursue strategic purposes

Aalen, April 6, 2017. After Anhui ARN Group and Mr. Yixin Pan respectively, with voting rights notification dated March 14, 2017, have disclosed voting rights in SHW AG amounting to 10.04 per cent, Anhui ARN Group and Mr. Yixin Pan respectively have disclosed today in a notification according to section 27a para. 1 WpHG (Notification requirements applicable to owners of qualifying holdings) that the investment was made to pursue strategic purposes, that a representation in the Supervisory Board of SHW AG corresponding to the shareholding and that the acquisition of further voting rights within the next twelve months is intended. It is currently not intended to exert influence on the composition of the Management Board. In addition, reference is made to the publication of the notification according to section 27a para. 1 WpHG.

 


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