September 14, 2016 (1)
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 |
| X | 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: |
| Bank of America Corporation | Wilmington, DE United States of America (USA) |
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
| Merrill Lynch International |
5. Date on which threshold was crossed or reached
| 06 Sep 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 | 9.82 % | 0.20 % | 10.01 % | 17,980,867 |
| Previous notification | n/a % | n/a % | n/a % | / |
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 | 1,764,981 | 0 % | 9.82 % |
| Total | 1,764,981 | 9.82 % | ||
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 to recall securities | n/a | n/a | 25,232 | 0.14 % |
| Total | 25,232 | 0.14 % |
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 % |
| OTC Swaps | 16.01.2017 | n/a | Cash | 7,288 | 0.041 % |
| OTC Swaps | 15.09.2016 | n/a | Cash | 955 | 0.005 % |
| OTC Swaps | 15.09.2016 | n/a | Cash | 55 | 0.000 % |
| OTC Swaps | 16.12.2016 | n/a | Cash | 1,872 | 0.010 % |
| Total | 10,170 | 0.057 % |
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) |
| Bank of America Corporation | n/a % | n/a % | n/a % |
| NB Holdings Corporation | n/a % | n/a % | n/a % |
| Merrill Lynch International Incorporated | n/a % | n/a % | n/a % |
| Merrill Lynch Group Holdings I, L.L.C. | n/a % | n/a % | n/a % |
| BofAML Jersey Holdings Limited | n/a % | n/a % | n/a % |
| BofAML EMEA Holdings 1 Limited | n/a % | n/a % | n/a % |
| BofAML EMEA Holdings 2 Limited | n/a % | n/a % | n/a % |
| ML UK Capital Holdings Limited | n/a % | n/a % | n/a % |
| Merrill Lynch International | 9.82 % | n/a % | 10.01 % |
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:
| Voting rights of 1,569,540 relate to holdings held by Merrill Lynch International acting as Prime Broker on behalf of clients. |