Information  X 
Enter a valid email address
  Print          More announcements

Wednesday 31 March, 2021

AKASOL AG

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

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

31.03.2021 / 13:00
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Notification of Major Holdings

1. Details of issuer
Name: AKASOL AG
Street: Kleyerstraße 20
Postal code: 64295
City: Darmstadt
Germany
Legal Entity Identifier (LEI): 529900ZMVBM4A9UBTH42

2. Reason for notification
  Acquisition/disposal of shares with voting rights
  Acquisition/disposal of instruments
  Change of breakdown of voting rights
X Other reason:
Exercise of financial instruments (irrevocable undertakings)

3. Details of person subject to the notification obligation
Legal entity: BorgWarner Inc.
City of registered office, country: Wilmington, Delaware, United States of America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
 

5. Date on which threshold was crossed or reached:
29 March 2021

6. Total positions
  % of voting rights attached to shares
(total of 7.a.)
% of voting rights through instruments
(total of 7.b.1 + 7.b.2)
Total of both in %
(7.a. + 7.b.)
Total number of voting rights pursuant to Sec. 41 WpHG
New 0.00 % 0.00 % 0.00 % 6,061,856
Previous notification 0.00 % 59.37 % 59.37 % /

7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN Absolute In %
  Direct
(Sec. 33 WpHG)
Indirect
(Sec. 34 WpHG)
Direct
(Sec. 33 WpHG)
Indirect
(Sec. 34 WpHG)
0 0 0.00 % 0.00 %
Total 0 0.00 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in %
0 0.00 %
    Total 0 0.00 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period Cash or physical settlement Voting rights absolute Voting rights in %
0 0.00 %
      Total 0 0.00 %

8. Information in relation to the person subject to the notification obligation
X Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
  Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name % of voting rights (if at least 3% or more) % of voting rights through instruments (if at least 5% or more) Total of both (if at least 5% or more)
 

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
Proportion of voting rights Proportion of instruments Total of both
% % %

10. Other explanatory remarks:
The reason for this notification is the exercise of irrevocable undertakings by certain shareholders of AKASOL AG by way of declaration of acceptance of the takeover offer made by ABBA BidCo AG to the shareholders of AKASOL AG. Up to and including the date on which threshold was crossed, the takeover offer was accepted for 3,598,658 shares and 59.37% voting rights in AKASOL AG. 

Date
31 March 2021



31.03.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: AKASOL AG
Kleyerstraße 20
64295 Darmstadt
Germany
Internet: www.akasol.com

 
End of News DGAP News Service

1180138 31.03.2021 

fncls.ssp?fn=show_t_gif&application_id=1180138&application_name=news&site_id=financialexpress

a d v e r t i s e m e n t