30.10.2018 11:09:17

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

DGAP Voting Rights Announcement: STADA Arzneimittel AG
STADA Arzneimittel AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

30.10.2018 / 11:09
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.


Braxton Associates, Inc., Wilmington, DE, United States of America (U.S.A.) informed us on October 29, 2018 pursuant to Section 43 German Securities Trading Act ('WpHG') thereby making reference to the exceedance of the threshold of 10% or a higher threshold from October 1, 2018, as follows:

'Following the crossing of the 10% threshold in voting rights of STADA Arzneimittel AG, Stadastraße 2-18, 61118 Bad Vilbel (lSIN DE0007251803) (the 'Company') on October 1st, 2018, the undersigned Braxton Associates, Inc. notifies to the Company pursuant to Sec. 43 para. 1 sentences 1 and 3 WpHG in respect of the objectives pursued with the acquisition of the voting rights, that:

1. the aim of the investment is implementing strategic objectives whilst not excluding the realisation of trading profits;

2. Braxton Associates, Inc. does not plan to acquire further voting rights of the Company within the next twelve months by means of a purchase or by other means;

3. Braxton Associates, Inc. does currently not intend to exert influence on the appointment or removal of members of the Company's administrative, managing and supervisory bodies; and

4. Braxton Associates, Inc. does currently not intend to achieve a material change in the Company's capital structure, in particular not as regards the ratio between its own funds and external funds and the dividend policy.

In respect of the origin of the funds used to acquire the voting rights Braxton Associates, Inc. notifies pursuant to Sec. 43 para. 1 sentence 4 WpHG that the acquisition of the voting rights is financed by 100% of own funds (Eigenmittel).'



30.10.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: STADA Arzneimittel AG
Stadastraße 2-18
61118 Bad Vilbel
Germany
Internet: www.stada.de

 
End of News DGAP News Service

738967  30.10.2018 

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