Brief: Pierer Industrie - Core shareholder of Leoni announces election proposal for next Supervisory Board election

Leoni AG

02/12/2021 17:35

Dec 2 (Reuters) - PIERER INDUSTRIE AG:
    * PIERER INDUSTRIE AG INFORMED MANAGEMENT BOARD AND
SUPERVISORY
BOARD OF LEONI AG THAT IT WILL SUBMIT ITS OWN PROPOSAL FOR
RE-ELECTION OF EXPIRING SUPERVISORY BOARD MANDATES AT NEXT
ANNUAL GENERAL MEETING OF LEONI AG
    * INCLUDING EXISTING PROXY VOTING RIGHTS, PIERER INDUSTRIE
AG
CURRENTLY HOLDS A TOTAL OF 5,059,312 VOTING RIGHTS OF LEONI AG
    * THIS CORRESPONDS TO 15.49% OF VOTING RIGHTS AND THUS
EXCEEDS 10%
OF SHARE CAPITAL
    * NECESSARY ANTITRUST APPROVAL WILL BE APPLIED BY PIERER
INDUSTRIE
AG IN COORDINATION WITH LEONI AG

Source text for Eikon:  ID:nPexmfpbCa 
Further company coverage:  LEOGn.DE 

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