Voting Rights Announcements | 13 July 2020 10:56
artnet AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
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artnet AG
With reference to the notification of voting rights dated December 20, 2019, and the notification in accordance with section 43 (1) German Securities Trading Act ( WpHG ) regarding the objectives pursued with the acquisition of the voting rights dated January 14, 2020, Mr. Rüdiger K. Weng, acting for himself and in its capacity as CEO ( Vorstand ) of Weng Fine Art AG and as managing director ( Geschäftsführer ) of Rüdiger K. Weng A + A GmbH, informed artnet AG on July 8, 2020 of the following changes in the objectives pursued with the acquisition of the voting rights in accordance with section 43 (1), sentence 2 WpHG: 1. The investment is intended to implement strategic goals. 2. The signatories intend to obtain further voting rights through acquisitions or other means within the next twelve months in accordance with section 43 (1), sentence 3, no. 2 WpHG, but only up to a maximum participation of less than 30% of the voting rights. The acquisition of the voting rights shall take place essentially off-market. 3. The signatories seek to influence the composition of the managing and supervisory bodies of artnet AG in line with the amount of their investment. 4. The signatories still do not intend to make any significant changes to the capital structure of artnet AG, particularly with regard to the relationship between equity and debt financing and the dividend policy. Berlin, July 13, 2020 CEO artnet AG Oranienstr. 164 10969 Berlin Germany
13.07.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | artnet AG |
| Oranienstraße 164 | |
| 10969 Berlin | |
| Germany | |
| Internet: | www.artnet.de |
| End of News | DGAP News Service |