Holding announcement according to article 135 section 2 BörseG (ESMA 2015/1597)
BAWAG Group AG: Release according to art. 135 section 2 BörseG
Vienna (pta023/18.11.2019/23:00 UTC+1) - Release of Announcement according to article 135 section 2 BörseG
Notification of Major Holdings
1. Issuer
BAWAG Group AG, Wiedner Gürtel 11, 1100 Wien, Austria
2. Reason for notification
Acquisition / disposal of shares with voting rights
3. Details of person subject to the notification obligation
Name: Steven A. Tananbaum
4. Names of shareholders, if different from declarants (3)
GoldenTree HoldCo Lux 1 S.à.r.l.
GoldenTree HoldCo Lux 2 S.à.r.l.
GoldenTree HoldCo Lux 3 S.à.r.l.
GoldenTree Asset Management Dutch BV
GN3 SIP LP
Stichting PGGM Depositary
5. Date on which threshold was crossed or reached
12.11.2019
6. Total positions
| % of voting rights attached to shares (total of 7.a.) | % of voting rights through instruments (total of 7.b.1 + 7.b.2) | total of both in % (7.a. + 7.b.) | total number of voting rights of issuer | |
|---|---|---|---|---|
| Resulting situation on the date on which threshold was crossed / reached | 24,97 | n/a | 24,97 | 100,000,000 |
| Position of previous notification | 25,69 | n/a | 25,69 |
7. Notified details of the resulting situation
7.A: Voting rights attached to shares
| ISIN code | absolute direct (Sec 130 BörseG 2018) | absolute indirect (Sec 133 BörseG 2018) | in % direct (Sec 130 BörseG 2018) | in % indirect (Sec 133 BörseG 2018) |
|---|---|---|---|---|
| AT0000BAWAG2 | 24,973,335 | 0 | 24.97 | 0.00 |
| Total: | 24,973,335 | 24.97 |
7.B.1: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 1 BörseG 2018
| type of instrument | Maturity / Expiration | Exercise or conversion period | Voting Rights Absolute | Voting Rights in % |
|---|---|---|---|---|
| Total: | 0 | 0 |
7.B.2: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 2 BörseG 2018
| type of instrument | Maturity / Expiration | Exercise or conversion period | Cash or physical transaction | Voting Rights Absolute | Voting Rights in % |
|---|---|---|---|---|---|
| Total: | 0 | 0 |
8. Information in relation to the person subject to the notification obligation
Full chain of controlled undertakings through which the voting rights and/or the financial/other instruments are effectively held starting with the ultimate controlling natural person or legal entity.
| No. | Name | Directly controlled by No. | Shares held directly (%) | Financial/other instruments held directly (%) | Total of both (%) |
|---|---|---|---|---|---|
| 1 | Steven A. Tananbaum | n/a | n/a | n/a | |
| 2 | GoldenTree Asset Management LLC | 1 | n/a | n/a | n/a |
| 3 | GoldenTree Asset Management LP | 2 | n/a | n/a | n/a |
| 4 | High Yield and Bank Loan Series Trust | 3 | n/a | n/a | n/a |
| 5 | San Bernardino County Employees Retirement Association | 3 | n/a | n/a | n/a |
| 6 | City of New York Group Trust | 3 | n/a | n/a | n/a |
| 7 | GT NM, L.P. | 3 | n/a | n/a | n/a |
| 8 | GoldenTree Partners, II, L.P. | 3 | n/a | n/a | n/a |
| 9 | GoldenTree Offshore Intermediate Fund II, L.P. | 3 | n/a | n/a | n/a |
| 10 | GoldenTree Partners (100), L.P. | 3 | n/a | n/a | n/a |
| 11 | GoldenTree Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P. | 3 | n/a | n/a | n/a |
| 12 | GTAM TS Investment LLC | 3 | n/a | n/a | n/a |
| 13 | GoldenTree Select Partners, L.P. | 3 | n/a | n/a | n/a |
| 14 | GoldenTree Select Offshore Intermediate Funds, L.P. | 3 | n/a | n/a | n/a |
| 15 | GoldenTree Entrust Onshore Customized Portfolio LP | 3 | n/a | n/a | n/a |
| 16 | GoldenTree Entrust Intermediate Fund SPC | 3 | n/a | n/a | n/a |
| 17 | GoldenTree E Distressed Debt Fund II LP | 3 | n/a | n/a | n/a |
| 18 | GoldenTree E Distressed Debt Master Fund II LP | 3 | n/a | n/a | n/a |
| 19 | GoldenTree Credit Opportunities Master Fund, Ltd | 3 | n/a | n/a | n/a |
| 20 | Golden Tree Asset Management Lux LLC | 3 | n/a | n/a | n/a |
| 21 | Golden Tree Asset Management Lux II S.à.r.l. | 20 | n/a | n/a | n/a |
| 22 | Golden Tree Asset Management Lux S.à.r.l. | 21 | n/a | n/a | n/a |
| 23 | GoldenTree Partners, LP | 3 | n/a | n/a | n/a |
| 24 | GoldenTree ParentCo 3 S.à.r.l. | 23 | n/a | n/a | n/a |
| 25 | GoldenTree Offshore Intermediate Fund. L.P. | 3 | n/a | n/a | n/a |
| 26 | GoldenTree ParentCo 2 S.à.r.l. | 25 | n/a | n/a | n/a |
| 27 | GoldenTree Entrust Distressed Debt Fund, LP | 3 | n/a | n/a | n/a |
| 28 | GoldenTree EnTrust Distressed Debt Master Fund, LP | 3 | n/a | n/a | n/a |
| 29 | GoldenTree Distressed Debt Fund. LP | 3 | n/a | n/a | n/a |
| 30 | GoldenTree Distressed Debt Master Fund. LP | 3 | n/a | n/a | n/a |
| 31 | GoldenTree ParentCo 1 S.à.r.l. | 27,28,29,30 | n/a | n/a | n/a |
| 32 | Stichting PGGM Depositary | 3 | 0,02 | n/a | 0,02 |
| 33 | GN3 SIP LP | 3 | 2,53 | n/a | 2,53 |
| 34 | GoldenTree Asset Management Dutch BV | 22 | 5,69 | n/a | 5,69 |
| 35 | GoldenTree HoldCo Lux 3 S.à.r.l. | 24 | 4,81 | n/a | 4,81 |
| 36 | GoldenTree HoldCo Lux 2 S.à.r.l. | 26 | 5,73 | n/a | 5,73 |
| 37 | GoldenTree HoldCo Lux 1 S.à.r.l. | 31 | 6,19 | n/a | 6,19 |
9. In case of proxy voting
Date of general meeting: N/A
Voting rights after general meeting:
10. Other useful information
Note: The majority of the disposals of shares made by GoldenTree Asset Management Dutch BV have not been sold in the market but rather distributed in kind to a party not controlled by Mr. Steven A. Tananbaum, reflecting the investor's shorter term orientation.
(end)
| Emitter: |
BAWAG Group AG Wiedner Gürtel 11 1100 Wien Austria |
|
|---|---|---|
| Contact Person: | BAWAG Group Investor Relations | |
| Phone: | +43 (0)59905-34444 | |
| E-Mail: | investor.relations@bawaggroup.com | |
| Website: | www.bawaggroup.com | |
| ISIN(s): | AT0000BAWAG2 (Share) | |
| Stock Exchange(s): | Vienna Stock Exchange (Official Trade) |