Voting Rights Announcements | 9 January 2014 14:11
Panamax Aktiengesellschaft
09.01.2014 14:11
Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Notifications pursuant to Section 27a (1) of the German Securities Trading
Act (WpHG)
By letter dated January 6, 2014, Guoshi Assets Investment Management
Limited, Road Town, Tortola, British Virgin Islands (the 'notifying
party'), informed us pursuant to Section 27a (1) of the German Securities
Trading Act (WpHG) thereby making reference to its voting rights
notification pursuant to Section 21 (1) of the German Securities Trading
Act (WpHG), dated December 5, 2013, of the following:
1. The investment is aimed at implementing strategic objectives.
2. Other than in the course of a mandatory offer pursuant to Section 35 of
the German Securities Acquisition and Takeover Act (WpÜG), the notifying
party currently does not plan to acquire further voting rights by means of
acquisition or otherwise within the next twelve months.
3. The notifying party intends to exert an influence on the appointment or
removal of members of the management and/or supervisory board of Panamax
Aktiengesellschaft.
4. The notifying party does not intend to achieve a material change in the
capital structure of Panamax Aktiengesellschaft, particularly regarding the
debt-equity ratio and the dividend policy.
5. The acquisition of the voting rights was financed through external funds
provided by the notifying party's shareholder Zhao Xu.
By letter dated January 6, 2014, Mr. Zhao Xu, People's Republic of China
(the 'notifying party'), informed us pursuant to Section 27a (1) of the
German Securities Trading Act (WpHG) thereby making reference to his voting
rights notification pursuant to Section 21 (1) of the German Securities
Trading Act (WpHG), dated December 5, 2013, of the following:
1. The investment is aimed at implementing strategic objectives.
2. Other than (indirectly) in the course of a mandatory offer pursuant to
Section 35 of the German Securities Acquisition and Takeover Act (WpÜG) by
Guoshi Assets Investment Management Limited, the notifying party currently
does not plan to acquire further voting rights by means of acquisition or
otherwise within the next twelve months.
3. The notifying party intends to exert an influence on the appointment or
removal of members of the management and/or supervisory board of Panamax
Aktiengesellschaft.
4. The notifying party does not intend to achieve a material change in the
capital structure of Panamax Aktiengesellschaft, particularly regarding the
debt-equity ratio and the dividend policy.
5. The acquisition of the voting rights was financed through own funds.
09.01.2014 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: Panamax Aktiengesellschaft
Neue Mainzer Strasse 28
60311 Frankfurt am Main
Germany
Internet: www.panamax-ag.com
End of Announcement DGAP News-Service
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