Haier Smart Home Co.,Ltd.
Haier Smart Home Co.,Ltd.: Release according to Article 50 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Haier Smart Home Co.,Ltd.
/ Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act]
Haier Smart Home Co., Ltd.: Block trade and intended purchase of further D-Shares by Haier International Co. Ltd. (‘HIC’) Based on its confidence in the Company’s business prospects, HIC intends to continue buying the Company’s D-Shares on the Frankfurt Stock Exchange and possibly through further block trades within the next six months. The total volume of all purchases of D-Shares by HIC (including the block trade already executed) will amount to no less than EUR 66 million and no more than 2% of the total issued shares of the Company. For the financing of the increase in shareholdings, self-owned and self-raised funds are available. HIC will gradually implement the increase in its shareholding in line with the price fluctuations of the D-Shares and the general capital market development. The implementation of the planned increase in shareholdings may be subject to risks such as changes in the securities market, which may lead to an increase in the planned shareholding that does not meet expectations. HIC has committed itself not to reduce its holding during the planned period to implement the increase in shareholding. Haier Group and its group companies including HIC now hold a total of 2,633,702,005 shares (A-Shares + D-Shares), representing 41.36% of the total share capital of the Company. The attributable holdings in the share capital of Haier Smart Home Co., Ltd. are as follows:
26.09.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Haier Smart Home Co.,Ltd. |
Haier Industrial Park, Laoshan District | |
266101 Qingdao | |
China | |
Internet: | www.haier.net |
End of News | DGAP News Service |