Investor Relations

Westwing Group AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Westwing Group AG

15.10.2018 / 11:22
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
Westwing Group AG
Moosacher Straße 88
80809 Munich
Germany

2. Reason for notification
  Acquisition/disposal of shares with voting rights
  Acquisition/disposal of instruments
  Change of breakdown of voting rights
X Other reason:
Notifications according to Sec. 33 para. 2 WpHG

3. Details of person subject to the notification obligation
Name: City and country of registered office:
Summit Partners Europe, Ltd. Grand Cayman
Cayman Islands

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
Summit Partners RKT S.à r.l., Jade 1317. GmbH, Kinnevik Internet Lux S.à r.l., AI European Holdings S.à r.l.

5. Date on which threshold was crossed or reached:
08 Oct 2018

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 51.98 % 0 % 51.98 % 19,942,100
Previous notification 0 % 0 % 0 % /

7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 33, 34 WpHG)
ISIN absolute in %
  direct
(Sec. 33 WpHG)
indirect
(Sec. 34 WpHG)
direct
(Sec. 33 WpHG)
indirect
(Sec. 34 WpHG)
DE000A2N4H07 0 10,365,300 0 % 51.98 %
Total 10,365,300 51.98 %

b.1. Instruments according to Sec. 38 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. 38 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)
Summit Partners Europe, Ltd. % % %
Summit Partners Europe, L.P. % % %
Summit Partners Europe Private Equity Fund, L.P. % % %
Summit RKT EURO Ltd. % % %
Summit Partners RKT S.à r.l. 51.98 % 0 % 51.98 %

9. In case of proxy voting according to Sec. 34 para. 3 WpHG

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

10. Other explanatory remarks:
Summit Master Company, LLC only holds 1,501,050 shares through subsidiaries. Additionally, the following voting rights are attributed to Summit under a voting agreement pursuant to section 34 sentence 1 para 2 1st alternative WpHG (acting in concert): - 2,741,850 voting rights (13.75%) from Kinnevik Internet Lux S.à r.l.; - 1,511,400 voting rights (7.58%) from AI European Holdings S.à r.l.; - 451,950 voting rights (2.27%) from Rocket Internet Capital Partners (Euro) SCS; - 259,800 voting rights (1.30%) from Rocket Internet Capital Partners SCS; - 344,850 voting rights (1.73%) from Rocket Internet SE; and - 3,554,400 voting rights (17.82%) from Jade 1317. GmbH  



15.10.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

back