Haier Smart Home Co., Ltd.

  • WKN: A2JM2W
  • ISIN: CNE1000031C1
  • Land: China

Nachricht vom 26.09.2019 | 12:54

Haier Smart Home Co., Ltd.: Haier International Co. Ltd. acquires shares in Haier Smart Home Co., Ltd.

Haier Smart Home Co.,Ltd. / Key word(s): Miscellaneous
Haier Smart Home Co., Ltd.: Haier International Co. Ltd. acquires shares in Haier Smart Home Co., Ltd.

26-Sep-2019 / 12:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Haier Smart Home Co., Ltd.: Haier International Co. Ltd. acquires shares in Haier Smart Home Co., Ltd.

Qingdao / Shanghai / Frankfurt, 26 September 2019
- Haier Smart Home Co., Ltd. (the "Company") hereby announces that Haier International Co.,Ltd ("HIC"), an indirect wholly-owned subsidiary of the Company's major shareholder Haier Group Corporation (China) has today informed the Company that it has acquired 57,142,857 D-Shares in the Company, amounting to 0.9% of the Company's total share capital and voting rights, in a private transaction outside the stock exchange (the "Block Trade") from another shareholder. HIC, which did not hold any shares in the Company before the Block Trade, now holds 57,142,857 D-Shares in the Company, amounting to 0.9% of the Company's total share capital and voting rights.

HIC further announced that it intends to continue buying D-Shares by way of purchases through the Frankfurt Stock Exchange, and, possibly through further block trades outside the market within the next six months (the "Further Purchases"). HIC in total intends to purchase D-Shares for EUR 66 million, which includes the executed Block Trade and the intended Further Purchases. HIC has informed the Company that it will carry out the Further Purchases gradually according to the Company's D-Shares' price fluctuations and capital market trends, but that has not set a Price Range for the Further Purchases. The total amount of HIC's holding in the Company's shares (including A-Shares and D-Shares) after such Further Purchases will not exceed 2% of the Company's total share capital and voting rights.

Contact:
Yao Sun (Sophie) - Haier Smart Home Germany
T: +49 6172 9454 143
F: +49 6172 9454 42143
M: +49 160 9469 3601
Email: y.sun@haier.de


26-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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