ZEAL Network SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Jul 14, 2021 3:02 PM

ZEAL Network SE
ZEAL Network SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

14.07.2021 / 13:02
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.


On 13 July 2021 we received the following notification from Morgan Stanley:

Referring to the voting rights notification dated 24/06/2021 notifying that Morgan Stanley, Wilmington, Delaware, USA, has exceeded the threshold of 10% of the voting rights in ZEAL Network SE, we hereby make the following notification pursuant to Sec. 43 of the German Securities Trading Act (Wertpapierhandelsgesetz):

1. The increase of voting rights resulting in Morgan Stanley exceeding the notification threshold of 10% of the voting rights in ZEAL Network SE did not serve the purpose of strategic goals; rather it was made in the context of client facilitation.

2. Morgan Stanley may in the next 12 months acquire further voting rights in ZEAL Network SE, in particular in the context of client facilitation.

3. Morgan Stanley does not intend to influence the composition of the management board, supervisory board or any other administrative body of ZEAL Network SE.

4. Morgan Stanley does not intend to cause a significant change in the capital structure of ZEAL Network SE, in particular not of the ratio between equity and debt financing and the dividend policy.

5. The increase of voting rights resulting in Morgan Stanley exceeding the notification threshold of 10% of the voting rights in ZEAL Network SE resulted from and/or was made in the context of client facilitation. The increase was financed by a combination of external and Morgan Stanley own funds.



14.07.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: ZEAL Network SE
Straßenbahnring 11
20251 Hamburg
Germany
Internet: www.zealnetwork.de

 
End of News DGAP News Service

1218837  14.07.2021 

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