Company Announcements

EQS-PVR: AUTO1 Group SE: Release according to Article 43, Section 2 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Source: EQS

EQS Voting Rights Announcement: AUTO1 Group SE
AUTO1 Group SE: Release according to Article 43, Section 2 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

30.08.2024 / 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.


Cadian Offshore Fund Ltd 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, Cadian Offshore Fund Ltd (the “Notifying Party”) 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 Party 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 Party does not intend to seek to
participate in the relevant bodies itself.
d) The Notifying Party does 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.


30.08.2024 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

1978957  30.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1978957&application_name=news&site_id=acquiremedia~~~1e491ff3-7da4-4be1-bc7b-b8628d89203e