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VARTA AG
Declaration of Voting Results & Voting Rights Announcements • Feb 4, 2021
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Declaration of Voting Results & Voting Rights Announcements
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News Details
Voting Rights Announcements | 4 February 2021 17:32
VARTA AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
VARTA AG
04.02.2021 / 17:32
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.
Notification of Major Holdings
1. Details of issuer
| Name: | VARTA AG |
| Street: | VARTA-Platz 1 |
| Postal code: | 73479 |
| City: | Ellwangen Germany |
| Legal Entity Identifier (LEI): | 529900E7KB95KOXBWP63 |
2. Reason for notification
| X | Acquisition/disposal of shares with voting rights |
| Acquisition/disposal of instruments | |
| Change of breakdown of voting rights | |
| X | Other reason: exercise of instruments |
3. Details of person subject to the notification obligationLegal entity: Morgan Stanley
City of registered office, country: Wilmington, Delaware , United States of America (USA)
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:29 Jan 2021
6. Total positions
| % of voting rights attached to shares (total of 7.a.) |
% of voting rights through instruments (total of 7.b.1 + 7.b.2) |
Total of both in % (7.a. + 7.b.) |
Total number of voting rights pursuant to Sec. 41 WpHG | |
| New | 0.60 % | 2.46 % | 3.06 % | 40421686 |
| Previous notification | 2.08 % | 3.39 % | 5.47 % | / |
7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
| ISIN | Absolute | In % | ||
| Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
|
| DE000A0TGJ55 | 0 | 243649 | 0.00 % | 0.60 % |
| Total | 243649 | 0.60 % |
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Voting rights absolute | Voting rights in % |
| Equity Call Option* | 19.03.2021 | at any time | 25000 | 0.06 % |
| Right of recall over securities lending agreements | at any time | at any time | 603328 | 1.49 % |
| Equity Call Option | 18.06.2021 | at any time | 57100 | 0.14 % |
| Total | 685428 | 1.70 % |
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Cash or physical settlement | Voting rights absolute | Voting rights in % |
| Retail Structured Product | From 26.07.2069 to 02.12.2069 | at any time | Cash | 11 | 0 % |
| Equity Swap | From 21.09.2021 to 27.03.2029 | at any time | Cash | 308822 | 0.76 % |
| Equity Put Option* | 19.03.2021 | at any time | Physical | 25000 | 0.06 % |
| Total | 308833 | 0.76 % |
8. Information in relation to the person subject to the notification obligation
| Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.). | |
| X | Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: |
| Name | % of voting rights (if at least 3% or more) | % of voting rights through instruments (if at least 5% or more) | Total of both (if at least 5% or more) |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley Capital Services LLC | % | % | % |
| – | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley & Co. LLC | % | % | % |
| – | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley International Holdings Inc. | % | % | % |
| Morgan Stanley International Limited | % | % | % |
| Morgan Stanley Investments (UK) | % | % | % |
| Morgan Stanley & Co. International plc | % | % | % |
| – | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley Investment Management Inc. | % | % | % |
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
| Proportion of voting rights | Proportion of instruments | Total of both |
| % | % | % |
10. Other explanatory remarks:
Regarding sections 7.b.1 & 7.b.2, the put and call options marked with * amounting to a combined percentage of 0.06% were not aggregated as they relate to a collar transaction under which, on a consolidated basis, Morgan Stanley can acquire 0.06% of the voting rights in VARTA AG (or receive an equivalent amount in cash) only once.
Date
04 Feb 2021
04.02.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | VARTA AG |
| VARTA-Platz 1 | |
| 73479 Ellwangen | |
| Germany | |
| Internet: | www.varta-ag.com |
| End of News | DGAP News Service |