euro adhoc: RHI AG
other
Changes in the shareholder structure of RHI AG
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
11.01.2007
The executive board of RHI AG ("the Company") announces that it has
received a letter by the board of the MS Private Foundation with the
following contents:"MS Private Foundation ("MSPF") currently holds 1.108.500 shares of
RHI AG. In addition, we would like to inform you of the following:
MSPF is entitled to acquire an additional 4.268.000 shares of RHI AG
based on option agreements. Also, MSPF is the holder of Tranche A
convertible bonds which entitle it to the acquisition of up to an
additional 6.259.000 shares of RHI AG. Depending on the number of
conversions by other holders of convertible bonds, the highest
hypothetical stake which MSPF can hold in RHI AG is 29.22% to 31.55%.
MSPF is currently taking into consideration that a controlling stake
within the meaning of the Austrian Takeover Act is not attained by
way of the exercise of the options or the Tranche A convertible
bonds. MSPF views the shares, options and Tranche A convertible bonds
which it holds as a long-term investment and is not currently
planning additional purchases or sales. No decision has yet been made
with respect to the point in time of the exercise of the Tranche A
convertible bonds held by MSPF. In addition, we would like to inform
you that, at our request, our longstanding business partner, Dr.
Herbert Cordt will be administering our stake in RHI."MSPF is a foundation in accordance with Austrian law whose beneficiaries are the Austrian entrepreneur Martin Schlaff and his family.
The Company is happy to report that it has acquired an Austrian core shareholder.
end of announcement euro adhoc 11.01.2007 13:33:24
Further inquiry note:
RHI AG
Investor Relations
Dkfm. Markus Richter
Tel: +43-1-50213-6123
Email: markus.richter@rhi-ag.com
Branche: Refractories
ISIN: AT0000676903
WKN: 874182
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing