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

By email: Michael.schickling@shw.de

SHW AG
Management Board
Wilhelmstrasse 67
73433 Aalen

Secretary:                    Phone:                                 Email:
Anja Woodcock           +49 89 2302456-110            anja.woodcock@schindhelm.com

Munich, 12 June 2018
 

Notification pursuant to Section 43 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG)

Dear Mr. Schickling,

We are referring to the voting rights notification (Group notification) pursuant to Sections 33 and 34 WpHG from Mr. Stefan Pierer (Dipl.-Ing.) dated 24 May 2018 in connection with the exceedance of the 50 per cent threshold, which includes the other Group companies of Mr. Pierer, namely, Pierer Konzerngesellschaft mbH, Pierer Industrie AG and SHW Beteiligungs GmbH.

On behalf of the above companies and with full power of attorney we hereby notify you of the following in accordance with Sec. 43 WpHG:

1. The investment serves strategic objectives.
    
2. Depending on the development of the share price and the operating development of SHW AG, it is intended to obtain further voting rights in SHW AG, directly or indirectly, over the next twelve months.
    
3. Influence on the filling of the administrative, management and supervisory bodies of SHW AG is sought.
    
4. No significant change in the capital structure of the company is sought, in particular regarding the ratio of debt to equity.
    
5. The acquisition of the voting rights was financed from own funds.

Yours faithfully,

Dr. Thomas Scharpf
Attorney at law