Voting Rights Announcements | 15 September 2020 11:03


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

Turbon AG
15.09.2020 / 11:03
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.

Mr Holger Stabenau, Germany informed us on September 15, 2020 pursuant to Art. 43(1) WpHG thereby making reference to the exceedance of the threshold of 10% or a higher threshold from August 20, 2020 , as follows:

  • The investment is used to implement strategic objectives.
  • The reporting person does not intend to obtain further voting rights by acquisition or any other way.
  • The reporting person does intend to influence the composition of the issuers’ administration, management or supervisory board.
  • The reporting person does not intend to change the capital structure of the company, especially with regards to the ratio of internal/outside financing and the dividend policy.
  • Concerning the source of funds, the capital is financed by 100% through borrowed funds with which the reporting person needs to finance the acquisition of the voting rights.


15.09.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Turbon AG
Am Walzwerk 25
45527 Hattingen
Germany
Internet: http://www.turbon.de

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