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TRATON SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
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TRATON SE
With reference to the voting rights notification by Mag. Josef Ahorner (the Notifying Party), in which it was notified that the share of voting rights of VOLKSWAGEN INTERNATIONAL LUXEMBURG S.A., with its registered office in Route d'Arlon 19-21, 8009 Strassen, Luxembourg, in TRATON SE has exceeded the thresholds of 10%, 15%, 20%, 25%, 30%, 50% and 75% on 2 September 2024 and the total share of voting rights now amounts to 89.72% (equivalent to 448,623,725 voting rights), TRATON SE was notified in the name and on behalf of the Notifying Party on 5 September 2024 of the following pursuant to Section 43 (1) WpHG (German Securities Trading Act):
The exceeding of the voting rights thresholds is due to a transfer of the interest in TRATON SE within the Volkswagen Group. 1) Objectives pursued with the acquisition of voting rights: a) The facts underlying the exceeding of the voting rights thresholds serve neither the achievement of trading profits nor the implementation of strategic goals. b) The Notifying Party does currently not intend to acquire further voting rights within the next twelve months by acquisition or otherwise. Any acquisition of further voting rights by attribution of shares acquired by companies of the Volkswagen Group remains unaffected. c) The Notifying Party currently does not seek to exert any further influence on the composition of the issuer's administrative, management and supervisory bodies beyond the already existing scope of influence to the extent permitted by law. d) In its function as indirect shareholder, the Notifying Party does currently not seek any significant change in the capital structure of the issuer, in particular with regard to the ratio of equity and debt financing and the dividend policy. 2) Origin of the funds used for the acquisition: The acquisition of voting rights is based on a transfer of the interest in TRATON SE within the Volkswagen Group. The Notifying Party has not used any equity or borrowed funds to finance the acquisition of voting rights.
06.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | TRATON SE |
| Hanauer Str. 26 | |
| 80992 Munich | |
| Germany | |
| Internet: | www.traton.com |
| End of News | EQS News Service |
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1983523 06.09.2024 CET/CEST
