Voting Rights Announcements | 10 January 2017 17:37

Marenave Schiffahrts AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Marenave Schiffahrts AG

10.01.2017 / 17:37
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.

Ernst Russ AG, Hamburg, Germany informed us on January 10, 2017 pursuant to Art. 27a(1) WpHG thereby making reference to Ernst Russ AG’s Voting Rights Announcement from December 20, 2016, as follows:

1. Objectives pursued with the acquisition of voting rights (§ 27a (1) line 3 WpHG)

a) The investment is used to implement strategic objectives.
b) Ernst Russ AG intends to obtain further voting rights by acquisition or any other way.
c) Ernst Russ AG intends to influence the composition of the issuers’ administration, management and supervisory board.
d) Ernst Russ AG intends to change the capital structure of the company, especially with regards to the ratio of internal/outside financing and the dividend policy.

2. Source of funds used (§ 27a (1) line 4 WpHG)
Ernst Russ AG solely used equity capital for the acquisition of the voting rights.

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Language:	English
Company:	Marenave Schiffahrts AG
	Caffamacherreihe 7
	20355 Hamburg
	Germany
Internet:	www.marenave.com

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