Voting Rights Announcements | 21 April 2011 13:36
HOCHTIEF Aktiengesellschaft
21.04.2011 13:36
Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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For the legal persons and companies named below, we received, on April 19,
2011, the following information pursuant to Section 27a (1) of the German
Securities Trading Act (WpHG):
'Dear Sirs,
On March 23, 2011, each of the notifying parties
1. Qatar Investment Authority, Doha, Qatar; and
2. Qatar Holding LLC, Doha, Qatar,
(the notifying entities set out under nos. 1 and 2 above together the
'Notifying Parties')
notified HOCHTIEF Aktiengesellschaft and the German Federal Financial
Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht)
pursuant to section 21 para. 1 WpHG that its respective voting rights in
HOCHTIEF Aktiengesellschaft exceeded the threshold of 10% on March 23, 2011
and amounted to 10.000001% of the voting rights (7,700,001 voting rights)
in HOCHTIEF Aktiengesellschaft as per this date.
Against this background, we hereby notify HOCHTIEF Aktiengesellschaft
pursuant to section 27a para. 1 WpHG for and on behalf of each of the
Notifying Parties of the following:
I. Aims underlying the acquisition of voting rights
1. The investment in HOCHTIEF Aktiengesellschaft is a long-term investment
and serves the implementation of strategic objectives.
2. It is intended to acquire further voting rights within the next 12
months which may be implemented by way of purchases of voting shares or by
other means.
3. It is intended to obtain representation on the supervisory board of
HOCHTIEF Aktiengesellschaft. For this purpose, the Notifying Parties will
support the election of a candidate contractually or otherwise related to
the Notifying Parties and exercise the voting rights accordingly. Otherwise
it is not intended to influence the appointment or removal of members of
the supervisory or management boards of HOCHTIEF Aktiengesellschaft.
4. It is not intended to aim at a material change of the capital structure
of HOCHTIEF Aktiengesellschaft, in particular as regards the ratio between
equity financing and debt financing, and the dividend policy.
II. Origin of the funds used for the acquisition of the voting rights
The acquisition of the voting rights was financed with own funds of cash.'
21.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: HOCHTIEF Aktiengesellschaft
Opernplatz 2
45128 Essen
Deutschland
Internet: www.hochtief.de
End of Announcement DGAP News-Service
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