September 29, 2016

September 28, 2016 (7)

SLM Solutions Group AG: Announcement (Mitteilung) pursuant to Sec. 27a German Securities Trading Act (''WpHG'') in relation to SLM SOLUTIONS GROUP AG (ISIN DE000A111338)

 

Dear Sir or Madam,

 

Following the crossing of the 10% threshold in voting rights of SLM Solutions Group AG, Roggenhorster Strasse 9c, 23556 Lübeck (ISIN DE000A111338) (the 'Company') on September 7, 2016, the undersigned Elliott International Capital Advisors Inc. notifies to the Company pursuant to Sec. 27a para. 1 sentences 1 and 3 WpHG in respect of the objectives pursued with the acquisition of the voting rights, that:

 

1. the prevalent aim of the investment is implementing strategic objectives where the sale of the shares shall not be excluded;

 

2. Elliott International Capital Advisors Inc. plans to acquire further voting rights of the Company within the next twelve months by means of a purchase or by other means;

 

3. Elliott International Capital Advisors Inc. intends to exert influence on the appointment or removal of members of the Company's administrative, managing and supervisory bodies; and

 

4. Elliott International Capital Advisors Inc. intends to achieve a material change in the Company's capital structure, in particular as regards the ratio between its own funds and external funds and the dividend policy.

 

ln respect of the origin of the funds used to acquire the voting rights Elliott International Capital Advisors Inc. notifies pursuant to Sec. 27a para. 1 sentence 4 WpHG that the acquisition of the voting rights is financed by 100% of own funds (Eigenmittel).

 

 

 

Yours sincerely,

 

Elliott International Capital Advisors Inc.

 

(By: Elliot Greenberg, Vice President)