Balda AG 17.09.2013 17:51 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Notification pursuant to Section 27a WpHG Octavian Special Master Fund, L.P., Augustus Advisors, LLC, Augustus GP Interests Acquisition, LLC, Augustus Holdco, LLC, TPG Opportunities II Advisors, Inc., Indaba Capital Fund, L.P., Indaba Capital Management, LLC, Indaba Capital Partners, L.P., Indaba Partners, LLC and Derek C. Schrier (collectively referred to as 'Notifying Persons') have informed Balda Aktiengesellschaft on 20 August 2013 that their joint holding of Balda Aktiengesellschaft shares as of 20 August 2013 amounts to approx. 13.26%. Pursuant to Section 27a of the German Securities Trading Act ('WpHG') each Notifying Person hereby informs you of the following: 1. Objective of the investment The Notifying Persons pursue strategic objectives with respect to the investment. 2. Acquisition of additional shares The Notifying Persons intend to acquire additional shares in Balda Aktiengesellschaft within the next twelve months. Since the notifications of voting rights of 20 August 2013 the holding of the Notifying Persons as of 16 September 2013 increased to a total of 8,704,549 voting rights (approx. 14.78%). 3. Composition of the management and supervisory boards of Balda Aktiengesellschaft The Notifying Persons currently do not seek a change of the composition of the management board of Balda Aktiengesellschaft. The Notifying Persons welcome the election of Mr. Klaus Rueth to the supervisory board of Balda Aktiengesellschaft and currently do not intend to influence the composition of the supervisory board of Balda Aktiengesellschaft. 4. Changes in the capital structure of Balda Aktiengesellschaft, in particular regarding the relation of debt to equity and the dividend policy The Notifying Persons seek to optimize shareholder value, which may involve, but is not limited to, increasing distributions to the shareholders and share buybacks. Apart from this, the Notifying Persons do not seek a change of the capital structure, in particular regarding the relation of debt to equity, of Balda Aktiengesellschaft. 5. Origin of funds The voting rights of the Notifying Persons were exclusively financed by means of own funds. This notification is issued on behalf of: Octavian Special Master Fund, L.P. c/o Citco Fund Services (Cayman Islands) Limited Corporate Centre, West Bay Road, Grand Cayman KY1-1205, Cayman Islands; Augustus Advisors, LLC 301 Commerce Street, Suite 3300 Fort Worth, TX 76102, USA; Augustus GP Interests Acquisition, LLC 301 Commerce Street, Suite 3300 Fort Worth, TX 76102, USA; Augustus Holdco, LLC 301 Commerce Street, Suite 3300 Fort Worth, TX 76102, USA; TPG Opportunities II Advisors, Inc. 301 Commerce Street, Suite 3300 Fort Worth, TX 76102, USA; Indaba Capital Fund, L.P. c/o Maples Corporate Services Limited P.O. Box 309, Ugland House Grand Cayman KY1-1104, Cayman Islands; Indaba Capital Management, LLC One Letterman Drive, Building D, Suite DM700 San Francisco, CA 94129, USA; Indaba Capital Partners, L.P. c/o Indaba Partners, LLC One Letterman Drive, Building D, Suite DM700 San Francisco, CA 94129, USA; Indaba Partners, LLC One Letterman Drive, Building D, Suite DM700 San Francisco, CA 94129, USA; Derek C. Schrier c/o Indaba Capital Management, LLC One Letterman Drive, Building D, Suite DM700 San Francisco, CA 94129, USA. 17.09.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Balda AG Bergkirchener Str. 228 32549 Bad Oeynhausen Germany Internet: www.balda.de End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-PVR: Balda AG: Release according to article 26, section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution - Announcement according to Article 27a, Section 1 of the WpHG (qualifying holdings)
| Source: EQS Group AG