Voting Rights Announcements | 23 March 2020 09:39


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

SPORTTOTAL AG
23.03.2020 / 09:39
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 Rolf Elgeti, Germany, personally liable partner of Obotritia Captial KGaA, informed us  on March 20, 2020 pursuant to Art. 43(1) WpHG thereby making reference to the exceedance of the threshold of 10% or a higher threshold from March 17, 2020 , as follows:
  • The investment is used to implement strategic objectives.
  • The reporting person does intend to obtain further voting rights by acquisition or any other way.
  • The reporting person does not 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 equity capital with which the reporting person needs to finance the acquisition of the voting rights.

23.03.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: SPORTTOTAL AG
Am Coloneum 2
50829 Köln
Germany
Internet: www.sporttotal.com

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