HORNBACH Familien-Treuhandgesellschaft mbH
HORNBACH Familien-Treuhandgesellschaft mbH: Hornbach family to buy back ordinary shares in Hornbach Holding AG from Kingfisher
HORNBACH Familien-Treuhandgesellschaft mbH / Key word(s): Investment PRESS RELEASE Following announcement of Kingfisher’s complete exit from equity investment: Hornbach family to buy back ordinary shares Albrecht Hornbach: “Clear sign of family’s commitment” / Annweiler am Trifels, March 25, 2014. Kingfisher’s plans are linked to its withdrawal from Hornbach’s supervisory bodies in September 2013. Kingfisher holds a qualified minority stake of 25% plus two shares in the voting capital of Hornbach Holding AG. Furthermore, 17.4% of the listed preference shares in Hornbach Holding AG (ISIN DE0006083439) and 5.2% of the listed ordinary shares in Hornbach-Baumarkt-AG (ISIN DE0006084403) were owned by Kingfisher. Kingfisher has sold its two listed share packages to an international circle of institutional investors. Consistent step and clear relationship Positive impact expected on Hornbach share trading End of financial news 25.03.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
259248 25.03.2014 |