DGAP-News

HORNBACH Familien-Treuhandgesellschaft mbH: Hornbach family places one million ordinary shares in KGaA - Seite 2

"The private placement announced today was long expected by capital market players. We are convinced that increasing the free float in this way will benefit the price and liquidity of the Holding share on a long-term basis", added Albrecht Hornbach. Following the secondary placement, the family will own 37.5% (previously: 43.75%) of the share capital of Euro 48 million in the KGaA, which is divided into 16 million listed non-par ordinary bearer shares with voting entitlement. This again represents the same share of capital as during the longstanding alliance with Kingfisher between 2001 and 2014. "No further reduction in our shareholding is under discussion", stressed Albrecht Hornbach. Within the private placement, the family trust has undertaken to comply with a customary market lock-up period of three months.



HORNBACH Familien-Treuhandgesellschaft mbH

Burgenring 118

76855 Annweiler

Tel. [phone]

Fax  [phone]



 

Disclaimer:

This notification is not intended for publication or circulation, whether direct or indirect, in or to the United States, Australia, Canada or Japan. This notification does not constitute any offer of securities or solicitation to submit purchase offers for securities. The securities referred to in this notification are not and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent any exemption from the registration requirements of the Securities Act or in a transaction not governed by such. There will be no public offering of securities.

No measures have been taken that would facilitate an offering of the securities or the circulation or possession of this notification in any state for which purpose measures would be necessary. Persons obtaining possession of this notification must inform themselves about, and observe, any restrictions.

In member states of the European Economic Area ("EEA") that have implemented the Prospectus Directive (in each case a "Relevant Member State"), this notification is addressed exclusively to those persons who constitute "qualified investors" within the meaning of the Prospectus Directive and the addressing of whom does not otherwise trigger any prospectus requirement. For these purposes, the "Prospectus Directive" refers to Directive 2003/71/EC (as amended and applicable, i.e. including the amendments introduced by Directive 2010/73/EU to the extent that such have been implemented in the Relevant Member State).

In connection with the placement of shares the placing bank(s) and its/their (respective) affiliated companies may acquire shares on their own accounts and hold or sell such shares on their own accounts. Furthermore, they may conclude financing transactions or swaps in connection with which they periodically buy, hold or sell shares. Unless required by law, there is no intention to disclose such investments or transactions.

---

27.03.2017 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.

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

---

558537  27.03.2017