Major shareholder Grenzebach partly acquires KUKA shares from Wyser-Pratte
Wyser-Pratte Management & Co., Inc has notified KUKA Aktiengesellschaft that its share of voting rights in KUKA AG is now 4.74 percent (previously 7.75 percent) and that this share is expected to remain stable for the foreseeable future
October 20, 2010
A significant quantity of the sold KUKA shares was acquired by Grenzebach.
Dr. Till Reuter, CEO of KUKA AG, commented as follows: "Grenzebach's acquisition of the shares ensures that the KUKA stock is still in the hands of its major shareholders, thus keeping our shareholder structure stable. We are pleased that Guy Wyser-Pratte is a member of our Supervisory Board and will continue to support us very well going forward."