FUCHS PETROLUB SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
FUCHS PETROLUB SE
Information pursuant to section 43 of the German Securities Trading Act
Pursuant to section 43 of the German Securities Trading Act and in connection with the exceedance of the 10% threshold on March 11, 2021, Mawer Investment Management Ltd., Toronto, Canada informed us on April 12, 2021 on the following:
'Mawer Investment Management Ltd. (Mawer) is an independent investment firm that provides discretionary portfolio management services to clients, including investment funds and managed accounts.
Mawer does not directly hold any voting rights in FUCHS PETROLUB SE (the Issuer). Mawer has the power to control the exercise of a right to vote attached to the securities of the Issuer on behalf of its clients.
Mawer makes the following statements as required under section 43(1) of the German Securities Trading Act (Wertpapierhandelsgesetz):
The investment is solely aimed at generating trading profits (i.e. investment returns) for Mawer's clients.
Mawer continually monitors and reviews each company that we hold to assess the value and investment quality of such company. We may acquire further voting rights in the Issuer for accounts of our clients within the next twelve months depending on our assessment and/or any additional client investment with Mawer. These voting rights would then again be fully attributed to Mawer.
Securities are purchased or sold by Mawer on behalf of our clients for investment purposes only and not for the purpose of exercising control or direction over the Issuer. Hence, Mawer has currently no intention to influence the composition of the management or supervisory board of the Issuer.
However, Mawer may engage with the Issuer through proxy voting and/or active discussions on all aspects of the Issuer's strategy and performance, including matters related to environmental, social, and governance (ESG).
Mawer's engagement with the Issuer may involve considerations of the Issuer's capital structure. Any such engagement will depend on the Mawer's assessment of the Issuer's value, investment quality and the current capital structure arrangements.
Mawer did not raise any equity or debt funds for the acquisition of the voting rights.'
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