DGAP-Adhoc: Marenave Schiffahrts AG: Control gained by Deutsche Balaton AG

2018. március 20., kedd, 14:36





DGAP-Ad-hoc: Marenave Schiffahrts AG / Key word(s): Mergers & Acquisitions/Offer


Marenave Schiffahrts AG: Control gained by Deutsche Balaton AG


20-March-2018 / 14:36 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Today, Marenave Schiffahrts AG (Marenave or Company) was informed by Deutsche Balaton AG, Heidelberg, that Deutsche Balaton AG has increased its stake in the Company to 51,69% of the voting rights after having purchased further shares. Therefore, Deutsche Balaton AG has gained control over the Company according to Sec. 35 para. 1 sentence 1 WpHG in conjunction with Sec. 29 para. 2 WpÜG. 

Deutsche Balaton AG intends to render a mandatory tender offer to the Company"s other shareholders. The Company refers to Deutsche Balaton AG"s corresponding publication on its website www.deutsche-balaton.de/news/kontrollerlangung-marenave/.

 
As a result, the Company may as of today no longer readily assume that a strategy directed to reimplement its maritime corporate purpose will be implemented.
On the basis of statements by Deutsche Balaton AG made previously to and on the occasion of the Company"s shareholders" meeting of January 29, 2018, the Company"s Board of Directors now assumes that Deutsche Balaton AG will for the time being prefer a focus on the concept of a listed shell company.


The Management Board


 








20-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Marenave Schiffahrts AG

Valentinskamp 24

20354 Hamburg

Germany
Phone: 040 / 28 41 93 0
Fax: 040 / 28 41 93 297
E-mail: info@marenave.com
Internet: www.marenave.com
ISIN: DE000A0H1GY2
WKN: A0H1GY
Listed: Regulated Market in Hamburg; Regulated Unofficial Market in Berlin, Frankfurt, Munich





 
End of Announcement DGAP News Service




666201  20-March-2018 CET/CEST







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