Financial news

DGAP-Stimmrechte: LEG Immobilien AG (english)

11/01/2019 - 14:40


LEG Immobilien AG: 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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DGAP Voting Rights Announcement: LEG Immobilien AG
LEG Immobilien AG: Release according to Article 40, Section 1 of the WpHG
[the German Securities Trading Act] with the objective of Europe-wide
distribution

11.01.2019 / 14:40
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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On January 9, 2019 LEG Immobilien AG received the following statement of
intent pursuant to Section 43 of the Securities Trading Act (WpHG):

In respect to Section 43 of the Securities Trading Act (WpHG) regarding
notification requirements applicable to BlackRock's holding in LEG
Immobilien AG, please find below the response from us, BlackRock, Inc., and
our subsidiaries (together referred to as the 'Notifying Parties'):

- BlackRock, Inc.

- BlackRock Holdco 2, Inc.

- BlackRock Financial Management, Inc.

The crossing of the thresholds do not result from acquisitions by the
Notifying Parties but from attributions from investment managers and
advisors which qualify as subsidiaries of at least one of the Notifying
Parties and to which the voting rights are attributed

In respect of the aims underlying the purchase of the voting rights, we, the
Notifying Parties, notify that:

1. The investments are aimed at both implementing strategic objectives and
at generating a trading profit. This results from Notifying Parties' overall
intention to gain maximum returns for BlackRock's clients on both a short
and a long term basis.

2. We plan to acquire further voting rights within the next twelve months by
means of a purchase or by any other means. Because our intention is to gain
maximum returns for BlackRock's clients and therefore we may also sell
shares.

3. We intend to exert an influence on the appointment or removal of members
of the issuer's administrative, managing and supervisory bodies. We will
continue to exercise our right to vote at the company's annual general
meeting, and any special general meetings should they be called in the best
interests of our clients.

4. We do not intend to achieve a material change in the company's capital
structure, in particular as regards the ratio between own funds and external
funds and the dividend policy. However, we might vote on such topics in the
same way we set out in no. 3.

In respect of the origin of the funds used, we, the Notifying Parties,
notify that:

Client funds were used in order to finance the purchase of the voting
rights.


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11.01.2019 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:     LEG Immobilien AG
                Hans-Böckler-Straße 38
                40476 Düsseldorf
                Germany
   Internet:    www.leg.ag



   End of News    DGAP News Service
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765415 11.01.2019

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