BMI Group S.àr.l.

  • WKN: BMSA01
  • ISIN: LU1075065190
  • Land: Großherzogtum Luxemburg

Nachricht vom 11.01.2017 | 18:40

Braas Monier Building Group S.A.: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Braas Monier Building Group S.A.

11.01.2017 / 18:40
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.


Notification of Major Holdings

1. Details of issuer
Braas Monier Building Group S.A.
4, rue Lou Hemmer
1748 Senningerberg
Grand Duchy of Luxembourg

2. Reason for notification
  Acquisition/disposal of shares with voting rights
X Acquisition/disposal of instruments
  Change of breakdown of voting rights
  Other reason:

3. Details of person subject to the notification obligation
Name: City and country of registered office:
Henry Feuerstein / Charles T. Dowling

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
N/A

5. Date on which threshold was crossed or reached
06 Jan 2017

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 0.00 % 70.76 % 70.76 % 43,083,333
Previous notification 0.00 % 50.86 % 50.86 % /

7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 21, 22 WpHG)
ISIN absolute in %
  direct
(Sec. 21 WpHG)
indirect
(Sec. 22 WpHG)
direct
(Sec. 21 WpHG)
indirect
(Sec. 22 WpHG)
N/A N/A N/A N/A % N/A %
Total N/A N/A %

b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in %
N/A N/A N/A N/A N/A %
    Total N/A N/A %

b.2. Instruments according to Sec. 25 para. 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 %
Conditional right to acquire shares tendered in public takeover offer October 14, 2017 N/A Physical 28,924,791 67.14 %
Irrevocable tender commitments October 14, 2017 N/A Physical 1,561,907 3.63 %
      Total 30,486,698 70.76 %

8. Information in relation to the person subject to the notification obligation
  Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly 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 held 3% or more) % of voting rights through instruments (if at least held 5% or more) Total of both (if at least held 5% or more)
 

Organizational chart:
http://n.eqs.com/c/fncls.ssp?u=YCRUVVDAGV

9. In case of proxy voting according to Sec. 22 para. 3 WpHG

Date of general meeting:
Holding position after general meeting: N/A % (equals voting rights)

10. Other explanatory remarks:
To the extent shareholders of Braas Monier Building Group S.A. ('Braas') have accepted Marsella Holdings S.à r.l.'s ('Marsella') public takeover offer, Marsella held on January 6, 2017, subject to the remaining conditions of the takeover offer as to certain antitrust approvals, instruments in the meaning of Art. 12(1)(b) of the Transparency Law as this position provides for an economic effect similar to the financial instruments pursuant to Art. 12(1)(a) of the Transparency Law, relating to shares in Braas to which 67.14% of the total voting rights in Braas are attached. On January 6, 2017, Standard Industries Inc. further held financial instruments (irrevocable tender commitments) relating to shares in Braas to which 3.63% of the total voting rights in Braas are attached. Charles T. Dowling is the trustee of four family trusts (the Trusts) and holds legal title in each of the Trusts' assets in his capacity as trustee, including all shares in G Holdings Inc (25% for each of the four trust funds). As trustee, he can remove G Holdings Inc.'s board members and appoint successor board members. Henry Feuerstein is the protector of the Trusts and has the power to remove the acting trustee and appoint a successor trustee at his discretion. 



11.01.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC im Fokus

The Grounds-Gruppe: Ein attraktiver Immobilienbestandshalter entsteht

Die The Grounds-Gruppe führt eine Kapitalerhöhung von bis zu 11,2 Mio. € durch. Der Erlös soll für den Aufbau des Immobilienbestands verwendet werden. Parallel dazu soll auch der Development-Bereich ausgebaut werden. Die Gesellschaft verfügt derzeit über fünf vertraglich gesicherte Entwicklungsprojekte sowie über weitere Projekte in einer fortgeschrittenen Verhandlungsphase mit einem Volumen von über 370 Mio. €. Das erfahrene Management hat demnach die Basis für weiteres Umsatz- und Ertragswachstum gelegt. Wir haben ein Kursziel von 5,40 € ermittelt, welches deutlich oberhalb des aktuellen Platzierungspreises von 2,20 € liegt. Das Rating lautet KAUFEN.

Aktuelle Research-Studie

Energiekontor AG

Original-Research: Energiekontor AG (von First Berlin Equity Research GmbH): BUY

22. November 2017