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AUTO1 Group SE

Declaration of Voting Results & Voting Rights Announcements Sep 4, 2024

720_dva_2024-09-04_58cae386-2ff5-4f4a-a979-fae8ef905d29.html

Declaration of Voting Results & Voting Rights Announcements

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Voting Rights Announcements | 4 September 2024 18:00

Correction of a release from 30/08/2024, 18:00 CET/CEST – AUTO1 Group SE: Release according to Article 43, Section 2 of the WpHG [the German Securities Trading Act]

AUTO1 Group SE

Correction of a release from 30/08/2024, 18:00 CET/CEST – AUTO1 Group SE: Release according to Article 43, Section 2 of the WpHG [the German Securities Trading Act]

04.09.2024 / 18:00 CET/CEST

Dissemination of a Voting Rights Announcement transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Eric Bannasch on his own behalf and on behalf of Cadian GP, LLC, Cadian Capital

Management GP, LLC, Cadian Capital Management, LP and Cadian Master Fund L.P.

informed us on 30 August 2024 pursuant to sec. 43 (1) German Securities Trading Act

(Wertpapierhandelsgesetz), without disclosing the share of the respective forms of financing

in the total financing of the increase of voting rights, about the following:

Following the crossing of the 10% threshold in voting rights of AUTO1 Group SE,

Bergmannstraße 72, D-10961 Berlin (LEI 391200S2LPXG5ZD5G304) (the “Company”) on

19 August 2024 and with reference to the related voting rights notification dated 20 August

2024, Eric Bannasch on his own behalf; and on behalf of the below undertakings referred to

in no. 8 of the voting rights notification: Cadian GP, LLC; Cadian Capital Management GP,

LLC; Cadian Capital Management, LP; and Cadian Master Fund L.P. (together the “Notifying

Parties”) hereby notifies the Company pursuant to Sec. 43 para. 1 sentences 1 and 3 WpHG

as follows, provided that the English version shall prevail:

1. Objectives pursued with the acquisition:

a) The acquisition of voting rights in the Company serves the implementation of day-to-

day investment activities aimed at the realization of return on investments while not

excluding the implementation of strategic objectives.

b) Over the next twelve months, further acquisitions of voting rights of the Company will

largely depend on the share price and the general economic situation of the

Company.

c) The Notifying Parties may seek to exert influence on the composition of the

Company’s administrative, managing and supervisory bodies by expressing opinions

and through discussions and recommendations. The Notifying Parties do not intend

to seek to participate in the relevant bodies themselves.

d) The Notifying Parties do not currently intend to seek a material change in the capital

structure of the Company, in particular with regard to the ratio of equity and debt

financing and the dividend policy.

2. Origin of the funds used for the acquisition of the voting rights:

The voting rights were acquired using limited partner contributions and margin loans

obtained by the funds.


04.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com


Language: English
Company: AUTO1 Group SE
Bergmannstr. 72
10961 Berlin
Germany
Internet: https://www.auto1-group.com
End of News EQS News Service

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