SHW AG Notification pursuant to section 27a para. 1 sentence 1, 3 and 4 of the German Securities and Trading Act (WpHG) Mr. Yixin Pan No. 24, Yuer Raod Gaohe Town Huaining County Anqing city China
Convenience Translation In advance via fax: +49 (0) 7361 5279020 462 To SHW AG -Vorstand- Wilhelmstraße 67 D- 73433 Aalen Germany 6. April 2017
Notification pursuant to Section 27a para. 1 sentence 1, 3 and 4 of the German Securities Trading Act (Wertpapierhandelsgesetz - 'WpHG')
Dear Sir or Madam, With letter dated 15 March 2017 we have notified you pursuant to Sections 21 (1), 22 and 24 WpHG that on 9 March 2017 the portion of voting rights of Anhui ARN Group in SHW AG has exceeded the thresholds of 10 per cent. 1. Notification of the purpose of the acquisition With respect to the purposes pursued with the acquisition of the voting rights the Anhui ARN Group herby notifies the following: 1.1 The Investment was made to pursue strategic purposes. 1.2 Depending on the market development and the business development of SHW AG, Anhui ARN Group intends to acquire further voting rights in SHW AG within the next twelve months by way of acquisition or by other means. 1.3 Anhui ARN Group intends to obtain a representation in the Supervisory Board of SHW AG corresponding to its shareholding. It is not intended to exert Influence on the composition of the Management board. 1.4 Anhui ARN Group does not intend to substantially change the capital structure of SHW AG, especially with respect to the ratio of equity and debt financing and the dividend policy. 2. Notification of the origin of funds Anhui ARN Group has financed the acquisition of the voting rights from their own funds. Yours sincerely, 6. April 2017 ____________________ Mr Yixin Pan (Chairman) 06.04.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | SHW AG |
Wilhelmstrasse 67 | |
73433 Aalen | |
Germany | |
Internet: | www.shw.de |
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