Institutional investors have repeatedly indicated to Talanx AG their interest for higher liquidity in the stock. The sale of shares by HDI V.a.G. increases the free float while avoiding dilution for the other shareholders. In addition, the higher free float might further strengthen the position of Talanx AG in the MDAX.
HDI V.a.G. continues to see itself as a long term majority shareholder in Talanx AG. The remaining shares held by HDI V.a.G. are still subject to the 24 months lock-up granted during the IPO.
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.