December 23, 2016
SLM Solutions Group AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Notification of Major Holdings
1. Details of issuer
| SLM Solutions Group AG Roggenhorster Strasse 9c 23556 Lübeck Germany |
2. Reason for notification
| X | Acquisition/disposal of shares with voting rights |
| Acquisition/disposal of instruments | |
| Change of breakdown of voting rights | |
| Other reason: |
3. Details of person subject to the notification obligation
| Name: | City and country of registered office: |
| Morgan Stanley | Wilmington, Delaware United States of America (USA) |
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
| Morgan Stanley & Co. LLC |
5. Date on which threshold was crossed or reached
| 19 Dec 2016 |
6. Total positions
| % of voting rights attached to shares (total of 7.a.) | % of voting rights through instruments (total of 7.b.1 + 7.b.2) | total of both in % (7.a. + 7.b.) | total number of voting rights of issuer | |
| Resulting situation | 5.81 % | 6.53 % | 12.34 % | 17980867 |
| Previous notification | 4.24 % | 8.29 % | 12.53 % | / |
7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 21, 22 WpHG)
| ISIN | absolute | in % | ||
| direct (Sec. 21 WpHG) | indirect (Sec. 22 WpHG) | direct (Sec. 21 WpHG) | indirect (Sec. 22 WpHG) | |
| DE000A111338 | 0 | 1044881 | 0.00 % | 5.81 % |
| Total | 1044881 | 5.81 % | ||
b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Voting rights absolute | Voting rights in % |
| Right of recall over securities lending agreements | at any time | at any time | 1035132 | 5.76 % |
| Total | 1035132 | 5.76 % |
b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Cash or physical settlement | Voting rights absolute | Voting rights in % |
| Equity Swap | Vom 09.10.2017 bis zum 11.07.2018 / From 09.10.2017 to 11.07.2018 | at any time/jederzeit | Cash | 138805 | 0.77 % |
| Total | 138805 | 0.77 % |
8. Information in relation to the person subject to the notification obligation
| Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (1.). | |
| X | Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: |
| Name | % of voting rights (if at least held 3% or more) | % of voting rights through instruments (if at least held 5% or more) | Total of both (if at least held 5% or more) |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley Capital Services LLC | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley & Co. LLC | 4.80 % | % | 5.60 % |
| Morgan Stanley | % | % | % |
| Morgan Stanley International Holdings, Inc. | % | % | % |
| Morgan Stanley International Limited | % | % | % |
| Morgan Stanley UK Group | % | % | % |
| Morgan Stanley Investments (UK) | % | % | % |
| Morgan Stanley & Co. International plc | % | 5.02 % | 5.03 % |
9. In case of proxy voting according to Sec. 22 para. 3 WpHG
| Date of general meeting: | |
| Holding position after general meeting: | % (equals voting rights) |
10. Other explanatory remarks: