DAUN & CIE. AG AND SVR CAPITAL GMBH WILL HAND OVER VIRTUALLY ALL OF THEIR SHARES TO THE KAP PARTICIPATION COMPANY (KAP) BY THE END OF THE YEAR
Daun & Cie. AG, with a voting share of 38.9% and SvR Capital GmbH with a voting share of 15.4% of our organisation, informed us in writing today, that they have finalised a contract with the KAP Participation Company, via the acquisition vehicle Project Diamant Bidco AG (currently operating under the name Blitz F16-592 AG) of the Carlyle Group, for the sale of 2,491,000 shares, which represent a voting share of 37.6% (Daun & Cie. AG), and 1,020,000 shares, which represent a voting share of 15.4% (SvR Capital GmbH). Carlyle intends to develop KAP further, as a platform for participation in the middle-sized company sector. The completion of the transaction is still subject to approval bythe responsible cartel authorities. The parties are confident that the transaction can be completed by the end of the year, at which time Mr Daun will leave the governing body.
Fulda, 17 November, 2016
KAP Participation Company
| Dr Stefan Geyler | André Wehrhahn |
| Management Board | Management Board |