Financial news

DGAP-Stimmrechte: Neschen AG (english)

06/10/2017 - 17:00


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

06.10.2017 / 17:00
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.

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Notification of Major Holdings

1. Details of issuer

     Neschen AG
     c/o transition-manager, Kurfürstendamm 217
     10719 Berlin
     Germany

2. Reason for notification

     X    Acquisition/disposal of shares with voting rights
          Acquisition/disposal of instruments
          Change of breakdown of voting rights
          Other reason:

3. Details of person subject to the notification obligation

   Name:                         City and country of registered office:
   Mr Gary Millin,
   Date of birth: 22 Oct 1969

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

     Londonderry Holdings, LLC

5. Date on which threshold was crossed or reached:

     29 Sep 2017

6. Total positions

                % of voting   % of voting rights   total of  total number
            rights attached  through instruments  both in %     of voting
           to shares (total    (total of 7.b.1 +    (7.a. +     rights of
                   of 7.a.)               7.b.2)      7.b.)        issuer
  Result-          19.806 %                  0 %   19.806 %      13125000
  ing
  situat-
  ion
  Previo-           24.91 %                  0 %    24.91 %             /
  us
  notifi-
  cation

7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 21, 22 WpHG)

    ISIN            absolute                       in %
                  direct (Sec.  indirect (Sec.  direct (Sec.  indirect
                      21 WpHG)        22 WpHG)      21 WpHG)  (Sec. 22
                                                                 WpHG)
    DE0005021307             0         2599503           0 %  19.806 %
    Total           2599503                      19.806 %

b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG

    Type of     Expiration or  Exercise or    Voting     Voting
    instrument  maturity date  conversion     rights  rights in
                               period       absolute          %
                                                              %
                               Total               0        0 %

b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG

    Type of    Expiration   Exercise or  Cash or       Voting  Voting
    instrume-  or maturity  conversion   physical      rights  rights
    nt         date         period       settlement  absolute    in %
                                                                    %
                                         Total              0     0 %

8. Information in relation to the person subject to the notification
obligation

        Person subject to the notification obligation is not controlled and
        does itself not control any other undertaking(s) holding directly
        or indirectly an interest in the (underlying) issuer (1.).
   X    Full chain of controlled undertakings starting with the ultimate
        controlling natural person or legal entity:

  Name             % of voting         % of voting rights  Total of both
                 rights (if at    through instruments (if   (if at least
              least held 3% or  at least held 5% or more)     held 5% or
                         more)                                     more)
  Gary                       %                          %              %
  Millin
  Londonder-          19.806 %                          %       19.806 %
  ry
  Holdings,
  LLC

9. In case of proxy voting according to Sec. 22 para. 3 WpHG

     Date of general meeting:
     Holding position after general meeting:    % (equals voting rights)

10. Other explanatory remarks:




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06.10.2017 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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   Language:    English
   Company:     Neschen AG
                c/o transition-manager, Kurfürstendamm 217
                10719 Berlin
                Germany
   Internet:    -



   End of News    DGAP News Service
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616645 06.10.2017

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