NOTIFICATION OF VOTING RIGHTS

RSS Feed - News Detail

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.

2016-08-09 / 17:39
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
  Acquisition/disposal of shares with voting rights
  Acquisition/disposal of instruments
  Change of breakdown of voting rights
X Other reason:
Contribution in kind of shares in the issuer by entity controlled by notifiers into wholly-owned subsidiary of this entity

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

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
40N Latitude SPV-F Holdings S.à r.l.

5. Date on which threshold was crossed or reached
03 Aug 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 29.11 % 0.00 % 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 %
N/A N/A N/A N/A N/A %
    Total N/A N/A %

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 %
N/A N/A N/A N/A N/A %
      Total N/A N/A %

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 0.00 % 0.00 % 0.00 %
40N Latitude SPV-F Holdings S.à r.l. 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: N/A % (equals N/A voting rights)

10. Other explanatory remarks:
40 North Latituide SPV-F LLC ('40 N SPV-F') has contributed all of the shares in the issuer previously held by it into 40N Latitude SPV-F Holdings S.à r.l. as contribution in kind effective August 3, 2016.

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.

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 determin all decisions for 40 N GP and 40 N Management. 



2016-08-09 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


show this