Turbon AG — Major Shareholding Notification 2021

Feb 5, 2021

News Details

Voting Rights Announcements | 5 February 2021 18:40

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

Turbon AG

05.02.2021 / 18:40

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.

BT 77 Holdings GmbH, Leverkusen, Germany informed us on 5 February 2021 pursuant to section 43 (1) WpHG in connection with exceeding or reaching the 10% threshold or a higher threshold of 11 January 2021 about the following:

1. The investment serves the implementation of strategic goals.
2. BT 77 Holdings GmbH does not intend to obtain further voting rights by acquisition or otherwise within the next twelve months.
3. BT 77 Holdings GmbH seeks to exert influence on the appointment of administrative, management and/or supervisory bodies of Turbon AG.
4. BT 77 Holdings GmbH does not seek any material change in the capital structure of Turbon AG, in particular with regard to the ratio of equity and debt financing and the dividend policy.
5. With regard to the source of the funds, 100% of the funds are borrowed funds which BT 77 Holdings GmbH raised to finance the acquisition of the voting rights. It is a loan from the selling company (HBT Holdings GmbH), which is also attributable to Mr Holger Brückmann-Turbon.

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Language:	English
Company:	Turbon AG
	Am Walzwerk 25
	45527 Hattingen
	Germany
Internet:	http://www.turbon.de

End of News	DGAP News Service