That capital increase, which was the subject of a resolution in September 2012 and which was entered on the Commercial Register on 24 November 2012, was fully subscribed for by voestalpine Mitarbeiterbeteiling Privatstiftung, excluding the subscription rights of the other shareholders. The capital increase diluted the equity stakes and voting rights of the other shareholders to an extent which was de minimis.
Specifically, Raiffeisenlandesbank Oberösterreich Invest GmbH & Co OG gave notice that it holds 23,216,176 no-par value shares in voestalpine AG and is authorised by the following companies (which are likewise shareholders in voestalpine AG) to exercise their voting rights in its free discretion, for which reason those voting rights are deemed attributable to it under § 92 Austrian Stock Exchange Act:
Shareholder |
Number of no par value shares |
Voting rights in % |
Raiffeisenlandesbank Oberösterreich Invest GmbH & Co OG, FN 243257g |
23,216,176 |
13.73 % |
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, FN 247579m |
183,814 |
0.11 % |
IVH Unternehmensbeteiligungs GmbH & Co OG, FN 356159p |
586,240 |
0.35 % |
KEPLER-FONDS Kapitalanlagegesellschaft m.b.H., FN 169380p |
779,588 |
0.46 % |
Oberösterreichische Versicherung Aktiengesellschaft, FN 36941a |
1,000,000 |
0.59 % |
Summe |
25,765,818 |
15.24 % |
Thus, Raiffeisenlandesbank Oberösterreich Invest GmbH & Co OG stated that, in the aggregate, it is entitled to exercise voting rights with respect to 25,765,818 no-par value shares. It stated that to-date, this has corresponded to 15.25% of all voting rights based on 169,049,163 no par value of voestalpine AG. However, due to the increased number of no-par value shares (172,449,163), its shares now represent only 14.94% of voting rights.