Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG

Major Shareholding Notification • Apr 20, 2006

News Details

Corporate | 20 April 2006 13:13

Ludwig Beck AG: New major shareholder at LUDWIG BECK: Wöhrl acquires 29.91 % holding in Munich fashion firm

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich, 20 April 2006 – The management board of LUDWIG BECK AG (ISIN DE 0005199905) has announced that the Nuremberg fashion house Rudolf Wöhrl AG has acquired all of the shares held by longstanding LUDWIG BECK major shareholder Karl Schleicher and another financial investor. The total placement volume – 1,005,001 shares – corresponds to a 29.91 % share of the 3.36 million no-par-value individual share certificates. That makes the Nuremberg fashion house the largest shareholder in LUDWIG BECK AG. Wöhrl says it has no plans to buy any further shares in the company. Wöhrl fully supports the trading-up strategy pursued by the LUDWIG BECK AG management board. Rudolf Wöhrl AG is a company rich in tradition that sells international brand-name fashion at 40 stores all over Germany. In financial year 2005/06 the Nuremberg company and its 2,800 employees grossed around €340 million in sales. Rudolf Wöhrl AG has been a family-owned company since it was founded. “In Wöhrl we have gained a competent and long-term partner with more than 70 years of experience in retail trading. This holding offers both companies highly promising prospects for the future and also ensures the continued independence of our company,” said LUDWIG BECK directors Reiner Unkel and Dieter Münch Investor Relations contact: Buchanan Capital Group Metis-Corinna Tarta +49 8151 95966-25 m.tarta@buchanan-ag.com Ludwig Beck Accounts contact: Ludwig Beck am Rathauseck Martin Gehrke +49 89 23691-788 Martin.gehrke@ludwigbeck.de (c)DGAP 20.04.2006 ————————————————————————— language: English emitter: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG Marienplatz 11 80327 München Deutschland phone: +49 (0)892 36 91-0 fax: +49 (0)892 36 91-6 00 email: info@ludwigbeck.de WWW: www.ludwigbeck.de ISIN: DE0005199905 WKN: 519990 indexes: stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service —————————————————————————