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29.09.2017 09:54:41

DGAP-Stimmrechtsanteile: KUKA AG

DGAP-PVR: KUKA Aktiengesellschaft: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DGAP Voting Rights Announcement: KUKA Aktiengesellschaft
KUKA Aktiengesellschaft: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

29.09.2017 / 09:54
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.


On 26 September 2017, Midea Electric Netherlands (I) B.V. informed us in accordance with
§ 27a para. 1 of the German Securities Trading Act ('WpHG') as follows:

'On 1 September 2017, Midea Group Co., Ltd. (PRC) has notified you pursuant to § 21 para. 1 WpHG on its own behalf and on behalf of Guangdong Midea Electric Co., Ltd. (PRC) and Midea Electric Netherlands (I) B.V. that the portion of voting rights in KUKA Aktiengesellschaft held directly by Midea Electric Netherlands (I) B.V. and attributed to Midea Electric Netherlands (I) B.V. pursuant to § 22 para. 2 WpHG, which are in turn attributed to Guangdong Midea Electric Co., Ltd. (PRC) and Midea Group Co., Ltd. (PRC) pursuant to § 22 para. 1 sentence 1 No. 1 WpHG, has crossed the threshold of 10% on 30 August 2017 and on that day amounted to 94.55% (equaling 37,605,732 voting rights).  Midea Group Co., Ltd. (PRC) is a non-state­owned public company.

Against this background Midea Electric Netherlands (I) B.V. hereby informs you pursuant to § 27a para. 1 WpHG as follows:
1. Objectives of the investment (§ 27a para. 1 sentence 3 WpHG)

1.1 The investment is aimed at implementing strategic objectives.

1.2 Midea Electric Netherlands (I) B.V. does not intend to acquire further voting rights in KUKA Aktiengesellschaft within the next twelve months by way of purchasing or by other means, provided, however, that it might acquire further voting rights from affiliated companies as part of an intragroup restructuring.

1.3 Midea Electric Netherlands (I) B.V. does not intend to exercise influence on the appointment or removal of members of the administrative, managing and supervisory bodies of KUKA Aktiengesellschaft other than by exercising its voting rights in the ordinary course of elections of members of the supervisory board in the general meeting.

1.4 Midea Electric Netherlands (I) B.V. does not intend to change KUKA Aktiengesellschaft's capital structure, particularly with regard to the ratio of equity and debt financing and the company's dividend policy.
2. Source of the funding for the acquisition of voting rights (§ 27a para. 1 sentence 4 WpHG)
 
Midea Electric Netherlands (I) B.V. has used third-party financing for the acquisition of the voting rights in KUKA Aktiengesellschaft.'
 


29.09.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: KUKA Aktiengesellschaft
Postfach 43 12 69
86072 Augsburg
Germany
Internet: www.kuka.com

 
End of News DGAP News Service

614387  29.09.2017 

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