SLM Solutions Group AG

  • WKN: A11133
  • ISIN: DE000A111338
  • Land: Deutschland

Nachricht vom 12.12.2019 | 19:14

SLM Solutions Group AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

SLM Solutions Group AG
12.12.2019 / 19:14
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.

Dear Sir or Madam,

As a result of an internal restructuring, the undersigned Elliott International Advisors GP LLC has crossed the 10% threshold in voting rights of SLM Solutions Group AG, Estlandring 4, 23560 Lübeck (ISIN DE000A111338) (the 'Company') on November 19, 2019 and notifies to the Company pursuant to Sec. 43 para. 1 sentences 1 and 3 WpHG in respect of the objectives pursued with the acquisition of the voting rights that:

1. the prevalent aim of the investment is implementing strategic objectives where the sale of the shares shall not be excluded;

2. Elliott International Advisors GP LLC plans to acquire further voting rights of the Company within the next twelve months by means of a purchase or by other means;

3. Elliott International Advisors GP LLC intends to exert influence on the appointment or removal of members of the Company's administrative, managing and supervisory bodies; and

4. Elliott International Advisors GP LLC intends to achieve a material change in the Company's capital structure, in particular as regards the ratio between its own funds and external funds and the dividend policy.

In respect of the origin of the funds used to acquire the voting rights Elliott International Advisors GP LLC notifies pursuant to Sec. 43 para. 1 sentence 4 WpHG that the acquisition of the voting rights is financed by 100% of own funds (Eigenmittel).

Yours sincerely,

Elliott International Advisors GP LLC



12.12.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

Solutiance: Hohe Wachstumsdynamik durch den Ausbau des Plattformgeschäfts erwartet

Im ersten Halbjahr 2020 konnte Solutiance den eingeschlagenen Wachstumskurs fortsetzen und im Rahmen dessen die Gesamtleistung (Umsatz zzgl. Bestandsveränderungen) um rund 75 % auf 0,66 Mio. € (1. HJ 2019: 0,38 Mio. €) erhöhen. Das Unternehmen erwartet für das Gesamtjahr durch den weiteren Ausbau der softwarebasierten Dienstleistungen einen Umsatzsprung im Vergleich zum Vorjahr auf rund 3 Mio. €. Bei einem von uns ermittelten Kursziel von 4,85 € vergeben wir das Rating KAUFEN.

News im Fokus

Merck KGaA: Merck KGaA löst Rückstellung für Rechtsstreit in Höhe von EUR 365 Millionen auf

29. September 2020, 18:06

Aktuelle Research-Studie

Schloss Wachenheim AG

Original-Research: Schloss Wachenheim AG (von First Berlin Equity Research GmbH): Kaufen

29. September 2020