DEMIRE: Notification according to Article 43 WpHG regarding the owner of a qualifying holding

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Takeover

05.04.2018 / 13:07
The issuer is solely responsible for the content of this announcement.


DEMIRE: Notification according to Article 43 WpHG regarding the owner of a qualifying holding

Langen, April 5, 2018 - On March 1, 2018, Klaus Wecken has informed DEMIRE Deutsche Mittelstand Real Estate AG that the voting rights participation of Klaus Wecken and his subsidiaries Wecken & Cie and Care4 AG (the "Notifying Parties") has exceeded the threshold of 30% on February 26, 2018 and has amounted to 32.19% (17,471,893 voting rights) on that date.

Furthermore, on March 2, 2018 the Notifying Parties have informed DEMIRE Deutsche Mittelstand Real Estate AG that their voting rights participation has exceeded the threshold of 50% on February 28, 2018 and has amounted to 59.12% (32,084,524 voting rights) on that date.

According to Article 43 para. 1 of the German Securities Trading Act (WpHG), the Notifying Parties have informed DEMIRE Deutsche Mittelstand Real Estate AG on April 3, 2018 as follows in connection with these notifications:
  1. The investment is aimed at implementing strategic objectives.
  2. It is intended to acquire further voting rights in DEMIRE Deutsche Mittelstand Real Estate AG in the next twelve months by means of purchases or otherwise.
  3. It is intended to exert an influence on DEMIRE Deutsche Real Estate AG's administrative, management and supervisory bodies.
  4. A significant change of the capital structure of DEMIRE Deutsche Mittelstand Real Estate AG, in particular with regard to the debt/equity ratio is intended. A change of the dividend policy is intended insofar as an improvement of the operating results shall be achieved in order to make future distributions possible.
  5. The acquisition of the voting rights was partially achieved by way of attribution within the meaning of Article 34 para. 2 WpHG (acting in concert) and in this respect neither own funds nor borrowings were required. The acquisition of the voting rights directly held by the Notifying Parties was financed with own funds.
 
Contact
DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11
D-63225 Langen
Tel.: +49 (0) 6103 - 372 49 - 0
Fax: +49 (0) 6103 - 372 49 - 11
ir@demire.ag
www.demire.ag
_______________________________________
About DEMIRE Deutsche Mittelstand Real Estate AG
 
DEMIRE - First in Secondary Locations
 
 
DEMIRE Deutsche Mittelstand Real Estate AG has commercial real estate holdings in mid-sized cities and up-and-coming locations bordering German metropolitan areas. As of September 30, 2017, DEMIRE held real estate with a value of approx. EUR 1 billion. As of September 30, 2017, annualised contractual rents had been firmly agreed upon in the amount of circa EUR 72 million for an average term of 4.8 years.
 
DEMIRE Deutsche Mittelstand Real Estate AG shares (ISIN: DE000A0XFSF0) are listed in the Prime Standard segment of the Frankfurt Stock Exchange.
 


05.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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