EANS-News: Balda AG: Transfer of holdings of Max Gain Management Ltd. to Yield Return Investments Limited without impact on the existing share holding of Chiang family in Balda AG
Bad Oeynhausen (euro adhoc) -
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Stock Activity
Balda AG: Transfer of holdings of Max Gain Management Ltd. to Yield Return Investments Limited without impact on the existing share holding of Chiang family in Balda AG
Bad Oeynhausen, January 7, 2010. Max Gain Management Ltd., on 6 January 2010 pursuant to § 21 para. 1 WpHG (German Securities Trading Act) informed that its share of voting rights in Balda AG fell below the thresholds of 3,5,10,15,20 and 25 percent and that it amounted to 0 percent on that day. Balda AG, listed in the Prime Standard segment of the Frankfurt Stock Exchange, today according to §26 para 1 WpHG published this information. In line with the announcement shareholder Max Gain Management Ltd., who so far held 29,99 percent of the Balda shares, has undertaken a transfer of its holdings to Yield Return Investments Limited. Balda AG points out that this transfer is caused exclusively by an internal transfer within the Chiang family. Behind Yield Return Investments stands the same member of the Chiang family, who so far already indirectly controlled Max Gain Management Ltd. The transfer thus has no impact on the existing percentage share holding of the Chiang family in Balda AG.
end of announcement euro adhoc
Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de
Branche: Semiconductors & active components
ISIN: DE0005215107
WKN: 521510
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade