WP AG: Announcement according to § 93 para 2 Austrian Stock Exchange Act
Munderfing
(pta026/17.03.2016/12:40 UTC+1)
Munderfing, 17 March 2016 - The share capital of WP AG amounts to EUR 5,000.000 and is divided into 5,000,000 no-par value shares. WP AG announces, that pursuant to § 91 Austrian Stock Exchange Act it was informed by Mr. Stefan Pierer and OCEAN Consulting GmbH as follows:
Announcement of Mr. Stefan Pierer
CROSS Industries AG, FN 78112 x, had previously announced that it was directly holding 4,474,300 shares of WP AG; this corresponded to a proportion of the share capital and the voting rights of WP AG of approximately 89.49%. CROSS Industries AG is controlled by Pierer Industrie AG, which itself is a 100% subsidiary of Pierer Konzerngesellschaft mbH. Pierer Konzerngesellschaft GmbH is controlled by Mr. Stefan Pierer.
Since the last announcement in accordance with § 91 Austrian Stock Exchange Act, CROSS Industries AG has acquired additional shares of WP AG. Today, Stefan Pierer has informed WP AG, that CROSS Industries AG, a company indirectly controlled by him through Pierer Konzerngesellschaft mbH and Pierer Industrie AG, has acquired additional 500,000 shares of WP AG on 17 March 2016. This corresponds to a proportion of the share capital and the voting rights of WP AG of 10%.
Thus, CROSS Industries AG has reached and exceeded the threshold of 90% on 17 March 2016. CROSS Industries AG currently directly holds 4,985,687 shares of WP AG; this corresponds to approximately 99.71% of the share capital and the voting rights of WP AG.
Currently, 14,313 shares of WP AG are free-float shares. The requirements for the admission of the shares of WP AG to the Regulated Market (Geregelter Freiverkehr) of the Vienna Stock Exchange stipulate that at least 2,500 shares have to be free-float shares. If the free-float shares would fall below this threshold, a revocation of the admission to the Regulated Market (Geregelter Freiverkehr) of the Vienna Stock Exchange would be the consequence.
Announcement of OCEAN Consulting GmbH
OCEAN Consulting GmbH, FN 237084 d, had previously announced that it was indirectly holding 500,000 shares of WP AG through companies under its control; this corresponded to a proportion of the share capital and the voting rights of WP AG of 10%. OCEAN Consulting GmbH is the controlling shareholder of Swissburg AG, which itself is the controlling shareholder of Qino Capital Partners AG.
Today, OCEAN Consulting GmbH has informed WP AG, that Qino Capital Partners AG, a company indirectly controlled by it through Swissburg AG, has sold 500,000 shares of WP AG on 17 March 2016. This corresponds to a proportion of the share capital and the voting rights of WP AG of 10%.
Thus, the shareholding of Qino Capital Partners AG (prior to the merger: Qino Flagship AG) in WP AG fell below the thresholds of 10%, 5% and 4% and has been reduced to 0 on 17 March 2016.
For questions please contact:
WP AG
Hannes Haunschmid
07744-20240-0
www.wp-group.com
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Emitter: |
WP AG Gewerbegebiet Nord 8 5222 Munderfing Austria |
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Contact Person: | Verena Pommer | |
Phone: | +43 7744 20240 0 | |
E-Mail: | investor@wp-group.com | |
Website: | www.wp-group.com | |
ISIN(s): | AT0000A1DDL3 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Regulated Open Market) |