NOTIFICATION OF VOTING RIGHTS

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Braas Monier Building Group S.A.: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DGAP Voting Rights Announcement: Braas Monier Building Group S.A.

2016-07-06 / 11:30
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
Braas Monier Building Group S.A.
4, rue Lou Hemmer
1748 Senningerberg
Grand Duchy of Luxembourg

2. Reason for notification
X Acquisition/disposal of shares with voting rights
  Acquisition/disposal of instruments
  Change of breakdown of voting rights
  Other reason:

3. Details of person subject to the notification obligation
Name: City and country of registered office:
Mr David J. Millstone / David S. Winter United States of America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
40 North Latitude SPV-F LLC

5. Date on which threshold was crossed or reached
29 Jun 2016

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 of issuer
Resulting situation 29.11 % 0.00 % 29.11 % 39,166,667
Previous notification 0.00 % 29.11 % 29.11 % /

7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 21, 22 WpHG)
ISIN absolute in %
  direct
(Sec. 21 WpHG)
indirect
(Sec. 22 WpHG)
direct
(Sec. 21 WpHG)
indirect
(Sec. 22 WpHG)
LU1075065190 0 11,400,000 0.00 % 29.11 %
Total 11,400,000 29.11 %

b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in %
%
    Total %

b.2. Instruments according to Sec. 25 para. 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 %
%
      Total %

8. Information in relation to the person subject to the notification obligation
  Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly 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 held 3% or more) % of voting rights through instruments (if at least held 5% or more) Total of both (if at least held 5% or more)
David J. Millstone / David S. Winter 0.00 % 0.00 % 0.00 %
40 North GP III LLC / 40 North Management LLC 0.00 % 0.00 % 0.00 %
40 North Latitude Fund LP 0.00 % 0.00 % 0.00 %
40 North Latitude Master Fund Ltd. 0.00 % 0.00 % 0.00 %
40 North Latitude SPV-F LLC 29.11 % 0.00 % 29.11 %

9. In case of proxy voting according to Sec. 22 para. 3 WpHG

Date of general meeting:
Holding position after general meeting: % (equals voting rights)

10. Other explanatory remarks:
40 North Latitude SPV-F LLC ('40 N SPV-F') as purchaser and Monier Holdings S.C.A. as seller entered into a share purchase agreement relating to the purchase of 11,400,000 shares in the Issuer on 14 May 2016 ('SPA'). The delivery of these shares was subject to certain customary conditions precedent, including the approval from the competent merger control authorities (or expiry of the applicable waiting periods).

The conditions precedent have been fulfilled and the delivery of shares has taken place on 29 June 2016 in accordance with the settlement provisions under the SPA.

40 N SPV-F is 100% held by 40 North Latitude Master Fund Ltd. ('40 N Master Fund'), which in turn is 100% held by 40 North Latitude Fund LP ('40 N Fund').

40 North GP III LLC ('40 N GP') is the sole general partner and controls 40 N Fund.

40 North Management LLC ('40 N Management') is 40 N Fund's investment advisor, supervising and handling its investments and running its day-to-day business, subject to 40 N GP's instructions. In addition, 40 N Management is also investment advisor to 40 N Master Fund and 40 N SPV-F.

David J. Millstone and David S. Winter each hold 50% in 40 N GP and are 40 N GP's sole managing members. David J. Millstone and David S. Winter also each hold 50% in 40 N Management and are its sole managing members. David J. Millstone and David S. Winter jointly determine all decisions for 40 N GP and 40 N Management. 



2016-07-06 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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