OVB Holding AG

EANS-Voting Rights: OVB Holding AG
Release according to article 27 a, section 2 WpHG (Securities Trading Act) with the aim of a Europe-wide distribution

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  Notification of voting rights transmitted by euro adhoc. The issuer is
  responsible for the content of this announcement.
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Person/company obliged to make the notification: 
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Name:    see below
Place:   see below
State:   see below 
Company data:
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Name:    OVB Holding AG
Address: Heumarkt  1, 50667 Köln
Place:   Cologne
State:   Germany 
OVB Holding AG, Cologne 
ISIN DE0006286560 
Publication pursuant to Section 27a (2) WpHG 
On 19 July 2010, our company received the following  notifications  pursuant  to
Section 27a (1) sentence 1 WpHG (German Securities Trading Act): 
I. Balance Vermittlungs- und Beteiligungs-AG, Hamburg, Germany 
"This  notification  refers  to  the  voting  rights  notification  of   Balance
Vermittlungs- und Beteiligungs-AG (hereinafter also called Balance) pursuant  to
Section 21 (1) WpHG issued on 7 July 2010, announcing  that  the  percentage  of
voting rights in OVB Holding  AG  (hereinafter  also  called  the  Company)  had
exceeded the thresholds of 3%, 5%, 10%, and 15% as of 30  June  2010,  amounting
to 17.54% as of that date. 
Pursuant to Section 27a (1) WpHG, the following  information  is  conveyed  with
regard to the objectives  pursued  with  the  announced  acquisition  of  voting
rights and the origin of the funds utilized for financing the acquisition: 
1. The investment serves the implementation  of  strategic  goals,  particularly
the positioning as long-term investor. 
2. It is not intended to acquire or otherwise obtain  additional  voting  rights
in the Company within the next twelve months. 
3. It is not intended to aim at influencing the  appointment  or  revocation  of
members of  the  Executive  Board  or  Supervisory  Board  of  the  Company.  In
performance of the Divestiture  Agreement  (Entflechtungsvertrag)  effective  30
June 2010, Balance has concluded a new  Framework  and  Voting  Trust  Agreement
with Deutscher Ring Krankenversicherungsverein a.G. (hereinafter also called  DR
Kranken), IDUNA  Vereinigte  Lebensversicherung  aG  für  Handwerk,  Handel  und
Gewerbe (hereinafter also called IDUNA), and the  subsidiaries  of  the  Bâloise
Group  with  indirect  investments  in  the  Company  through   Deutscher   Ring
Beteiligungsholding GmbH (hereinafter also called BHG), superseding  an  earlier
similar agreement. According to  the  new  agreement,  the  contracting  parties
commit themselves to exercise their respective  voting  rights  in  the  General
Meeting in such a way that the Supervisory Board will at any  time  include  two
representatives of the Bâloise Group, two representatives of  the  SIGNAL  IDUNA
Group, one  representative  of  the  Generali  Group  (hereinafter  also  called
Generali), and one independent expert member for the purpose of Section 100  (5)
AktG. Balance, IDUNA, SIGNAL Krankenversicherung a.G. (hereinafter  also  called
SIGNAL Kranken), and SIGNAL Unfallversicherung  a.G.  (hereinafter  also  called
SIGNAL Unfall) coordinate the exercise of voting  rights  with  one  another  in
view of the Company pursuant to Section 2 (1) of the Horizontal Group  Agreement
(Gleichordnungskonzernvertrag)  of  16  February  2009   of   which   they   are
contracting parties. 
4. It is not intended to aim at a significant change of  the  capital  structure
of the Company, particularly with regard to the ratio of  equity  financing  and
debt financing and the dividend policy. 
5. The voting rights in the Company were acquired with equity funds." 
II. Deutscher Ring Krankenversicherungsverein a.G., Hamburg, Germany 
"This notification refers to  the  voting  rights  notification  of  DR  Kranken
pursuant to Section 21 (1) WpHG issued on  7  July  2010,  announcing  that  the
percentage of voting rights in the Company had exceeded the  thresholds  of  3%,
5%, 10%, 15%, 20%, 25%, 30% and 50% as of 30 June 2010, amounting to  50.88%  as
of that date. 
Pursuant to Section 27a (1) WpHG, the following  information  is  conveyed  with
regard to the objectives  pursued  with  the  announced  acquisition  of  voting
rights and the origin of the funds utilized for financing the acquisition: 
1. The investment serves the implementation of strategic goals, particularly
the positioning as long-term investor. 
2. It is not intended to acquire or otherwise obtain additional voting rights
in the Company within the next twelve months. 
3. It is not intended to aim at influencing the  appointment  or  revocation  of
members of  the  Executive  Board  or  Supervisory  Board  of  the  Company.  In
performance of the Divestiture Agreement effective 30 June 2010, DR Kranken  has
concluded a new Framework and Voting Trust Agreement with  Balance,  IDUNA,  and
the subsidiaries of the Bâloise Group with indirect investments in  the  Company
through BHG, superseding an earlier similar  agreement.  According  to  the  new
agreement,  the  contracting  parties  commit  themselves  to   exercise   their
respective voting rights  in  the  General  Meeting  in  such  a  way  that  the
Supervisory Board will at any time include two representatives  of  the  Bâloise
Group, two representatives of the SIGNAL  IDUNA  Group,  one  representative  of
Generali, and one independent expert member for the purpose of Section  100  (5)
AktG. Balance, IDUNA, SIGNAL Kranken, and SIGNAL Unfall coordinate the  exercise
of voting rights with one another in view of the Company pursuant to  Section  2
(1) of the Horizontal Group Agreement of 16 February  2009  of  which  they  are
contracting parties. 
4. It is not intended to aim at a significant change of  the  capital  structure
of the Company, particularly with regard to the ratio of  equity  financing  and
debt financing and the dividend policy. 
5. The voting rights in the Company were acquired with equity funds." 
III. IDUNA Vereinigte Lebensversicherung a.G., Hamburg, Germany 
"This notification refers to the voting rights notification  of  IDUNA  pursuant
to Section 21 (1) WpHG issued on 7 July 2010, announcing that the percentage  of
voting rights in the Company had exceeded the thresholds of 30% and  50%  as  of
30 June 2010, amounting to 50.88% as of that date. 
Pursuant to Section 27a (1) WpHG, the following  information  is  conveyed  with
regard to the objectives  pursued  with  the  announced  acquisition  of  voting
rights and the origin of the funds utilized for financing the acquisition: 
1. The investment serves the implementation  of  strategic  goals,  particularly
the positioning as long-term investor. 
2. It is not intended to acquire or otherwise obtain  additional  voting  rights
in the Company within the next twelve months. 
3. It is not intended to aim at influencing the  appointment  or  revocation  of
members of  the  Executive  Board  or  Supervisory  Board  of  the  Company.  In
performance of the Divestiture Agreement  effective  30  June  2010,  IDUNA  has
concluded a new Framework and Voting Trust Agreement with Balance,  DR  Kranken,
and the subsidiaries of the Bâloise  Group  with  indirect  investments  in  the
Company through BHG, superseding an earlier similar agreement. According to  the
new agreement, the contracting  parties  commit  themselves  to  exercise  their
respective voting rights  in  the  General  Meeting  in  such  a  way  that  the
Supervisory Board will at any time include two representatives  of  the  Bâloise
Group, two representatives of the SIGNAL  IDUNA  Group,  one  representative  of
Generali, and one independent expert member for the purpose of Section  100  (5)
AktG. Balance, IDUNA, SIGNAL Kranken, and SIGNAL Unfall coordinate the  exercise
of voting rights with one another in view of the Company pursuant to  Section  2
(1) of the Horizontal Group Agreement of 16 February  2009  of  which  they  are
contracting parties. 
4. It is not intended to aim at a significant change of  the  capital  structure
of the Company, particularly with regard to the ratio of  equity  financing  and
debt financing and the dividend policy. 
5. The voting rights in the Company were acquired with equity funds." 
IV. SIGNAL Unfallversicherung a.G., Dortmund, Germany 
"This notification refers to the voting rights  notification  of  SIGNAL  Unfall
pursuant to Section 21 (1) WpHG issued on  7  July  2010,  announcing  that  the
percentage of voting rights in the Company had exceeded the  thresholds  of  3%,
5%, 10%, 15%, 20%, 25%, and 50% as of 30 June 2010, amounting to  50.88%  as  of
that date. 
Pursuant to Section 27a (1) WpHG, the following  information  is  conveyed  with
regard to the objectives  pursued  with  the  announced  acquisition  of  voting
rights and the origin of the funds utilized for financing the acquisition: 
1. The investment serves the implementation  of  strategic  goals,  particularly
the positioning as long-term investor. 
2. It is not intended to acquire or otherwise obtain  additional  voting  rights
in the Company within the next twelve months. 
3. It is not intended to aim at influencing the  appointment  or  revocation  of
members of  the  Executive  Board  or  Supervisory  Board  of  the  Company.  In
performance  of  the  Divestiture  Agreement  effective  30  June  2010,  IDUNA,
Balance, DR Kranken, and the subsidiaries of the  Bâloise  Group  with  indirect
investments in the Company through  BHG  have  concluded  a  new  Framework  and
Voting Trust Agreement, superseding an earlier similar agreement.  According  to
the new agreement, the contracting parties commit themselves to  exercise  their
respective voting rights  in  the  General  Meeting  in  such  a  way  that  the
Supervisory Board will at any time include two representatives  of  the  Bâloise
Group, two representatives of the SIGNAL  IDUNA  Group,  one  representative  of
Generali, and one independent expert member for the purpose of Section  100  (5)
AktG. Balance, IDUNA, SIGNAL Kranken, and SIGNAL Unfall coordinate the  exercise
of voting rights with one another in view of the Company pursuant to  Section  2
(1) of the Horizontal Group Agreement of 16 February  2009  of  which  they  are
contracting parties. 
4. It is not intended to aim at a significant change of  the  capital  structure
of the Company, particularly with regard to the ratio of  equity  financing  and
debt financing and the dividend policy. 
5. The voting rights in the Company were acquired with equity funds." 
V. SIGNAL Krankenversicherung a.G., Dortmund, Germany 
"This notification refers to the voting rights notification  of  SIGNAL  Kranken
pursuant to Section 21 (1) WpHG issued on  7  July  2010,  announcing  that  the
percentage of voting rights in the Company had exceeded the  thresholds  of  3%,
5%, 10%, 15%, 20%, 25%, and 50% as of 30 June 2010, amounting to  50.88%  as  of
that date. 
Pursuant to Section 27a (1) WpHG, the following  information  is  conveyed  with
regard to the objectives  pursued  with  the  announced  acquisition  of  voting
rights and the origin of the funds utilized for financing the acquisition: 
1. The investment serves the implementation  of  strategic  goals,  particularly
the positioning as long-term investor. 
2. It is not intended to acquire or otherwise obtain  additional  voting  rights
in the Company within the next twelve months. 
3. It is not intended to aim at influencing the  appointment  or  revocation  of
members of  the  Executive  Board  or  Supervisory  Board  of  the  Company.  In
performance  of  the  Divestiture  Agreement  effective  30  June  2010,  IDUNA,
Balance, DR Kranken, and the subsidiaries of the  Bâloise  Group  with  indirect
investments in the Company through  BHG  have  concluded  a  new  Framework  and
Voting Trust Agreement, superseding an earlier similar agreement.  According  to
the new agreement, the contracting parties commit themselves to  exercise  their
respective voting rights  in  the  General  Meeting  in  such  a  way  that  the
Supervisory Board will at any time include two representatives  of  the  Bâloise
Group, two representatives of the SIGNAL  IDUNA  Group,  one  representative  of
Generali, and one independent expert member for the purpose of Section  100  (5)
AktG. Balance, IDUNA, SIGNAL Kranken, and SIGNAL Unfall coordinate the  exercise
of voting rights with one another in view of the Company pursuant to  Section  2
(1) of the Horizontal Group Agreement of 16 February  2009  of  which  they  are
contracting parties. 
4. It is not intended to aim at a significant change of  the  capital  structure
of the Company, particularly with regard to the ratio of  equity  financing  and
debt financing and the dividend policy. 
5. The voting rights in the Company were acquired with equity funds." 
Cologne, 22 July 2010
The Executive Board 
end of announcement                               euro adhoc
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Further inquiry note:


Branche: Financial & Business Services
ISIN: DE0006286560
WKN: 628656
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

Original-Content von: OVB Holding AG, übermittelt durch news aktuell

Weitere Meldungen: OVB Holding AG

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