Corporate News

HDI V.a.G. has sold shares in Talanx AG

  • 8,200,000 shares placed
  • Free float of Talanx AG increases by 3.2 percent

HDI Haftpflichtverband der Deutschen Industrie V.a.G. has informed Talanx AG this morning that it has placed 8,200,000 shares in Talanx AG with institutional investors. Shares were sold at a placement price of EUR 23.25 per share. Following the transaction, the free float of Talanx AG has risen by approximately EUR 200 million at yesterday’s market close, reflecting an increase of 3.2 percentage points to 14.4 percent.

HDI V.a.G. now holds 79.1 percent, compared to 82.3 percent prior to the transaction. One of the objectives of the placement was to increase the free float of Talanx AG while avoiding dilution of the other shareholders. 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. With a holding of 6.5 percent, Meiji Yasuda remains another anchor shareholder.

HDI V.a.G. was advised by Rothschild on this transaction. Deutsche Bank and Berenberg Bank were mandated as Joint Bookrunners.


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.