Vitesco Technologies Group AG: Release pursuant to Section 40 Section 1 WpHG [the German Securities Trading Act] with the objective of a distribution on a European scale








Announcement of DGAP voting rights: Vitesco Technologies Group AG

Vitesco Technologies Group AG: Release pursuant to Section 40 Section 1 WpHG [the German Securities Trading Act] with the objective of a distribution on a European scale

11.03.2022 / 10:42
Dissemination of an announcement of voting rights transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Notification of major holdings

1. Issuer contact details

Name: Vitesco Technologies Group SA
Street: Siemensstrasse 12
Postal code: 93055
Town: Regensburg
Germany
Legal Entity Identifier (LEI): 529900CCDMZ7UCYYS252

2. Reason for notification

X Acquisition/transfer of shares with voting rights
Acquisition/disposal of instruments
Change in distribution of voting rights
Another reason:

3. Contact details of the person subject to the notification obligation

Legal Entity: Harris Associates Investment Trust
Headquarters City, Country: Boston, Massachusetts, United States of America (USA)

4. Names of shareholders

directly holding 3% or more of the voting rights, if different from 3.

5. Date on which the threshold was crossed or reached:

6. Total number of positions

% of voting rights attached to shares
(total of 7.a.)
% of voting rights by instruments
(total of 7.b.1 + 7.b.2)
Total of both in %
(7.a. + 7.b.)
Total number of voting rights pursuant to Art. 41 WpHG
New 2.99869848967% 0.00% 2.99869848967% 40021196
Previous notification 3.47% 0.00% 3.47% /

7. Details of total positions

a. Voting rights attached to shares (Art. 33, 34 WpHG)

IS IN Absolute In %
Direct
(Art. 33 WpHG)
Indirect
(Sec. 34 WpHG)
Direct
(Art. 33 WpHG)
Indirect
(Sec. 34 WpHG)
DE000VTSC017 1200115 0 3.00% 0.00%
Total 1200115 2.99869848967%

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Device type Expiry or due date Exercise or conversion period Absolute right to vote Voting rights in %
0 0.00%
Total 0 0.00%

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Device type Expiry or due date Exercise or conversion period Cash or physical payment Absolute right to vote Voting rights in %
0 0.00%
Total 0 0.00%

8. Information relating to the person subject to the notification obligation

X The person subject to the notification obligation is not controlled and does not control any other company holding directly or indirectly an interest in the (underlying) issuer (1.).
Complete chain of controlled companies starting with the natural or legal person who ultimately controls:

name % of voting rights (if at least 3% or more) % of voting rights via instruments (if at least 5% or more) Total of both (if at least 5% or more)

9. If voting by proxy pursuant to Sec. 34 par. 3WpHG

(only in case of allocation of voting rights in accordance with Art. 34 para. 1 s. 1 no. 6 WpHG)

Date of the general meeting:
Total number of positions occupied after the general meeting (6.) after the annual general meeting:

Proportion of voting rights Proportion of instruments Total of both
% % %

10. Other explanatory remarks:

Dated


11.03.2022 DGAP distribution services include regulatory announcements, financial/corporate news and press releases.
Archive at www.dgap.de


Language: English
Company: Vitesco Technologies Group SA
Siemensstrasse 12
93055 Regensburg
Germany
The Internet: www.vitesco-technologies.com

End of news DGAP Information Service

1300639 11.03.2022

EQS 2022

All news from VITESCO TECHNOLOGIES GROUP AG

VITESCO TECHNOLOGIES GROUP AG analyst recommendations

Sales 2021 8,392 million
9,234 million
9,234 million
Net income 2021 -64.2M
-70.6M
-70.6M
Net cash 2021 414M
455 million
455 million
PER 2021 ratio -11.1x
2021 performance
Capitalization 1,187 million
1,306 million
1,306 million
EV / Sales 2021 0.09x
EV / Sales 2022 0.09x
# of employees 38,277
Floating

Chart VITESCO TECHNOLOGIES GROUP AG


Duration :

Period :




Vitesco Technologies Group AG Technical Analysis Chart |  MarketScreener

Trends in technical analysis VITESCO TECHNOLOGIES GROUP AG

Short term Middle term Long term
Tendencies Bearish Bearish Neutral



Evolution of the income statement

To sell

To buy

Medium consensus SURPASS
Number of analysts 11
Last closing price

€29.65

Average target price

€63.95

Average Spread / Target 116%