SHW AG / Key word(s): Miscellaneous
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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|End of Announcement||DGAP News Service|