DGAP-PVR: Kontron AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
19.03.2011
Kontron AG
19.03.2011 13:52
Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Notification
pursuant to Section 27a German Securities Trading Act
dated March 18, 2011
(Wertpapierhandelsgesetz)
Notifying entities:
1. WP International II S.a.r.l., Luxembourg, Grand Duchy of Luxembourg,
2. WP X International Holdings LLC, New York, New York, United States of
America,
3. Warburg Pincus Private Equity X, L.P., New York, New York, United States
of America,
4. Warburg Pincus X, L.P., New York, New York, United States of America,
5. Warburg Pincus X LLC, New York, New York, United States of America
6. Warburg Pincus Partners LLC, New York, New York, United States of
America, and
7. Warburg Pincus & Co., New York, New York, United States of America
Issuer:
Kontron AG, Oskar-von-Miller-Strasse 1, 85386 Eching, Germany
Dear Sir or Madam,
on behalf of the entities listed above under No. 2 through No. 7 and in our
own name, we hereby notify you of the following:
1. On March 18, 2011, the above entities (together, 'Warburg Pincus')
notified pursuant to Section 21 German Securities Trading Act
(Wertpapierhandelsgesetz) that the threshold of 15% in voting rights of
Kontron AG was exceeded and amounted to 18.62% (10,369,000 voting rights)
as of that date. Warburg Pincus considers its shareholding to be a
long-term investment that does not serve for the realization of trading
profits.
2. Warburg Pincus may purchase additional shares depending on the share
price but does not intend to increase its shareholding beyond 20% within
the next twelve months. Further, Warburg Pincus does not intend to make,
and the purchase of additional shares does not serve as a preparation for,
a public tender offer for Kontron AG within the next twelve months.
3. With regard to the composition of the supervisory board, Warburg Pincus
may support candidates contractually or otherwise related to Warburg Pincus
and exercise its voting rights accordingly. Otherwise, Warburg Pincus does
not intend to influence the current composition of Kontron AG's management
board or any other administrative, management or supervisory body of
Kontron AG.
4. Warburg Pincus does not intend to fundamentally change the capital
structure of Kontron AG, especially with regard to the ratio between
internal and external financing or the dividend policy.
5. The acquisition of voting rights was financed by the use of own funds.
WP International II S.a.r.l.
19.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Internet: www.kontron.com
End of Announcement DGAP News-Service
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Kontron AG
19.03.2011 13:52
Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
Notification
pursuant to Section 27a German Securities Trading Act
dated March 18, 2011
(Wertpapierhandelsgesetz)
Notifying entities:
1. WP International II S.a.r.l., Luxembourg, Grand Duchy of Luxembourg,
2. WP X International Holdings LLC, New York, New York, United States of
America,
3. Warburg Pincus Private Equity X, L.P., New York, New York, United States
of America,
4. Warburg Pincus X, L.P., New York, New York, United States of America,
5. Warburg Pincus X LLC, New York, New York, United States of America
6. Warburg Pincus Partners LLC, New York, New York, United States of
America, and
7. Warburg Pincus & Co., New York, New York, United States of America
Issuer:
Kontron AG, Oskar-von-Miller-Strasse 1, 85386 Eching, Germany
Dear Sir or Madam,
on behalf of the entities listed above under No. 2 through No. 7 and in our
own name, we hereby notify you of the following:
1. On March 18, 2011, the above entities (together, 'Warburg Pincus')
notified pursuant to Section 21 German Securities Trading Act
(Wertpapierhandelsgesetz) that the threshold of 15% in voting rights of
Kontron AG was exceeded and amounted to 18.62% (10,369,000 voting rights)
as of that date. Warburg Pincus considers its shareholding to be a
long-term investment that does not serve for the realization of trading
profits.
2. Warburg Pincus may purchase additional shares depending on the share
price but does not intend to increase its shareholding beyond 20% within
the next twelve months. Further, Warburg Pincus does not intend to make,
and the purchase of additional shares does not serve as a preparation for,
a public tender offer for Kontron AG within the next twelve months.
3. With regard to the composition of the supervisory board, Warburg Pincus
may support candidates contractually or otherwise related to Warburg Pincus
and exercise its voting rights accordingly. Otherwise, Warburg Pincus does
not intend to influence the current composition of Kontron AG's management
board or any other administrative, management or supervisory body of
Kontron AG.
4. Warburg Pincus does not intend to fundamentally change the capital
structure of Kontron AG, especially with regard to the ratio between
internal and external financing or the dividend policy.
5. The acquisition of voting rights was financed by the use of own funds.
WP International II S.a.r.l.
19.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Deutschland
Internet: www.kontron.com
End of Announcement DGAP News-Service
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