Brief: KAP: Two Major Shareholders Intend To Place Shares

Kap AG

08/05/2019 07:09

May 8 (Reuters) - KAP AG  IURG.DE :
    * TWO MAJOR SHAREHOLDERS INTEND TO PLACE SHARES - RESULTING
IN
POTENTIAL INCREASE IN FREE FLOAT
    * CARLYLE GROUP AND FM-VERWALTUNGSGESELLSCHAFT MBH INFORMED
THAT
THEY ARE CONSIDERING A SIGNIFICANT REDUCTION OF THEIR
SHAREHOLDINGS
    * CARLYLE GROUP AND FM-VERWALTUNGSGESELLSCHAFT  HOLD 45.5%
AND
25.7%, RESPECTIVELY, OF CO'S SHARE CAPITAL
    * ANY SALE BY FM GMBH WOULD BE LIMITED TO 600,000 SHARES,
REPRESENTING 7.7% OF KAP AG'S SHARE CAPITAL
    * FM GMBH AGREES TO A 24-MONTH LOCK-UP (SUBJECT TO CUSTOMARY
EXCEPTIONS) FOR ITS REMAINING SHARES

Source text for Eikon:  ID:nEQ6gWSjXa 
Further company coverage:  IURG.DE 

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