Notification of Major Holdings
1. Details of issuer
Name: |
PNE AG |
Street: |
Peter-Henlein-Straße 2-4 |
Postal code: |
27472 |
City: |
Cuxhaven Germany |
Legal Entity Identifier (LEI): |
391200KEHI6OQSGGN373 |
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
Legal entity: Morgan Stanley City of registered office, country: Wilmington, Delaware, United States of America (USA) |
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
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 pursuant to Sec. 41 WpHG |
New |
39.80 % |
0.00 % |
39.80 % |
76603334 |
Previous notification |
27.63 % |
0.00 % |
27.63 % |
/ |
7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN |
Absolute |
In % |
|
Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
DE000A0JBPG2 |
0 |
30487927 |
0.00 % |
39.80 % |
Total |
30487927 |
39.80 % |
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument |
Expiration or maturity date |
Exercise or conversion period |
Voting rights absolute |
Voting rights in % |
|
|
|
0 |
0.00 % |
|
|
Total |
0 |
0.00 % |
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument |
Expiration or maturity date |
Exercise or conversion period |
Cash or physical settlement |
Voting rights absolute |
Voting rights in % |
|
|
|
|
0 |
0.00 % |
|
|
|
Total |
0 |
0.00 % |
8. Information in relation to the person subject to the notification obligation
|
Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) 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 rights (if at least 3% or more) |
% of voting rights through instruments (if at least 5% or more) |
Total of both (if at least 5% or more) |
Morgan Stanley |
% |
% |
% |
Morgan Stanley Capital Management, LLC |
% |
% |
% |
Morgan Stanley Domestic Holdings, Inc. |
% |
% |
% |
Morgan Stanley & Co. LLC |
% |
% |
% |
– |
% |
% |
% |
Morgan Stanley |
% |
% |
% |
MS Holdings Incorporated |
% |
% |
% |
Morgan Stanley Infrastructure III Inc. |
% |
% |
% |
North Haven Infrastructure III Hedging L.P. |
% |
% |
% |
NHIP III Holdings Coöperatief U. A. |
% |
% |
% |
Sirocco Holding B.V. |
% |
% |
% |
Buran Holding B.V. |
% |
% |
% |
Photon Management GmbH |
39.52 % |
% |
39.52 % |
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
Proportion of voting rights |
Proportion of instruments |
Total of both |
% |
% |
% |
10. Other explanatory remarks:
On October 31, 2019, Photon Management GmbH, Frankfurt am Main (the ‘Bidder’), launched its voluntary public takeover offer (the ‘Offer’) to the shareholders of PNE AG, Cuxhaven (‘PNE AG’), to acquire all shares of PNE AG not already directly held by the Bidder. The Offer was settled on January 9, 2020. |
Date