[Leica] Leica Newsletter 02/17/06: SOCRATES Privatstiftung takes over majority

[bdcolen at comcast.net (B. D. Colen)]

I love your reading of the tea leaves - one could just as easily divine from
this that they are trying to take control to sell it. ;-)


On 2/17/06 3:21 PM, "Thinkofcole@aol.com" <Thinkofcole@aol.com> wrote:

>  
> 
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> 
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> 
> 
> 
> Leica Camera AG reported today [jan. 17] that its second-largest  investor
> now holds slightly more than 50 percent of the company --a sign that a  
> major
> insider has confidence that Leica will prosper...Here is Leica's
> announcement: 
>  
>  
>  
>  
> In a message dated 2/17/2006 9:11:34 A.M. Eastern Standard Time,
> leica-newsletter@leica-camera.com writes:
> 
> Dear  Leica friends,
> 
> SOCRATES Privatstiftung, Vienna, Austria, today informed  Leica Camera AG
> that on February 10, 2006 its share of voting rights of Leica  Camera AG 
> has
> exceeded the 50 % threshold. The share of voting rights held by  SOCRATES
> Privatstiftung now amounts to approximately 50.04 %, approximately  50.04 
> % of
> which 
> are attributable to SOCRATES Privatstiftung according to  section 22 (1)
> sentence 1 no. 1 of the German Securities Trading Act
> (Wertpapierhandelsgesetz).
> SOCRATES Privatstiftung holds 100 % of the interest  in ACM 
> Projektentwicklung
> GmbH, Salzburg, Austria, which company in turn holds  approximately 50.04 
> % of
> Leica Camera AG.
> 
> Concurrently, ACM  Projektentwicklung GmbH, Salzburg, Austria, today 
> informed
> Leica Camera AG  that on February 10, 2006 its share of voting rights has
> exceeded the 50 %  threshold. The share of voting rights held by ACM
> Projektentwicklung GmbH now  amounts to approximately 50.04 %.
> 
> 
> With best regards,
> Leica  Camera AG
> Corporate  Communications
> http://www.leica-camera.com/
> 
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