Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Westwing Group AG
  6. News
  7. Summary
    WEW   DE000A2N4H07

WESTWING GROUP AG

(WEW)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 12/09 05:32:41 am
23.95 EUR   -0.70%
11/24WESTWING : Gets a Buy rating from Berenberg
MD
11/17WESTWING : Upgraded to Buy by Jefferies
MD
11/12WESTWING : Baader Bank maintains a Buy rating
MD
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

DGAP-PVR : Westwing Group AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

07/21/2021 | 09:52am EST
DGAP Voting Rights Announcement: Westwing Group AG 
Westwing Group AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the 
objective of Europe-wide distribution 
2021-07-21 / 15:51 
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Notification of Major Holdings 
1. Details of issuer 
 
 
 Name:                           Westwing Group AG 
 
 Street:                         Moosacher Straße 88 
 
 Postal code:                    80809 
 
 City:                           Munich 
                                 Germany 
 
 Legal Entity Identifier (LEI):  529900BN8B4KAHILIX84 
 2. Reason for notification 
 
 
 X             Acquisition/disposal of shares with voting rights 
 
               Acquisition/disposal of instruments 
 
               Change of breakdown of voting rights 
 
               Other reason: 
 3. Details of person subject to the notification obligation 
 
 
 Legal entity: Inflection Point Investments Company Limited 
 City of registered office, country: George Town, Cayman Islands 
 4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 
 
 
 
 5. Date on which threshold was crossed or reached: 
 
 
 16 Jul 2021 
 6. Total positions 
 
 
                       % of voting rights % of voting rights through     Total of 
                       attached to shares                instruments    both in %        Total number of voting rights 
                          (total of 7.a.)   (total of 7.b.1 + 7.b.2)      (7.a. +             pursuant to Sec. 41 WpHG 
                                                                            7.b.) 
 
 New                               2.90 %                     0.00 %       2.90 %                           20,903,968 
 
 Previous                          3.06 %                      n/a %       3.06 %                                    / 
 notification 
 7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG) 
 
 
 ISIN                    Absolute                        In % 
 
                       Direct       Indirect         Direct       Indirect 
               (Sec. 33 WpHG) (Sec. 34 WpHG) (Sec. 33 WpHG) (Sec. 34 WpHG) 
 
 DE000A2N4H0          605,473              0         2.90 %         0.00 % 
 
 Total                    605,473                       2.90 % 
 b.1. Instruments according to Sec. 38 (1) no. 1 WpHG 
 
 
 Type of instrument Expiration or maturity date Exercise or conversion       Voting rights absolute Voting rights in % 
                                                period 
 
                                                                                                  0             0.00 % 
 
                                                Total                                             0             0.00 % 
 b.2. Instruments according to Sec. 38 (1) no. 2 WpHG 
 
 
 Type of        Expiration or maturity Exercise or conversion  Cash or physical            Voting rights  Voting rights 
 instrument     date                   period                  settlement                       absolute           in % 
 
                                                                                                       0         0.00 % 
 
                                                               Total                                   0         0.00 % 
 8. Information in relation to the person subject to the notification obligation 
 
 
 X             Person subject to the notification obligation is not controlled nor does it control any other 
               undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.). 
 
               Full chain of controlled undertakings starting with the ultimate controlling natural person or legal 
               entity: 
 
 
 
 Name               % of voting rights (if at   % of voting rights through instruments (if  Total of both (if at least 
                            least 3% or more)                         at least 5% or more)                 5% or more) 
 
 
 9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting: 
 
 
  Proportion of voting rights Proportion of instruments Total of both 
 
                            %                         %             % 
 10. Other explanatory remarks: 
 
 
 
 Date 
 
 
 20 Jul 2021 
 ----------------------------------------------------------------------------------------------------------------------- 

2021-07-21 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      Westwing Group AG 
              Moosacher Straße 88 
              80809 Munich 
              Germany 
Internet:     www.westwing.com 
 
End of News   DGAP News Service 
=------------ 

1220599 2021-07-21

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1220599&application_name=news 
 

(END) Dow Jones Newswires

July 21, 2021 09:51 ET (13:51 GMT)

All news about WESTWING GROUP AG
11/24WESTWING : Gets a Buy rating from Berenberg
MD
11/17WESTWING : Upgraded to Buy by Jefferies
MD
11/12WESTWING : Baader Bank maintains a Buy rating
MD
11/12WESTWING : Receives a Buy rating from Hauck & Aufhauser
MD
11/11WESTWING : Baader Bank gives a Buy rating
MD
11/11Quarterly Report Q3|2021
PU
11/11Westwing delivers EUR 103m revenue with year-over-year growth of 5% in Q3 2021 on top o..
EQ
11/11Westwing Group AG Reports Earnings Results for the Third Quarter and Nine Months Ended ..
CI
11/11Westwing Group AG Provides Earnings Guidance for the Full Year 2021
CI
10/13WESTWING : Receives a Buy rating from Hauck & Aufhauser
MD
More news
Analyst Recommendations on WESTWING GROUP AG
More recommendations
Financials
Sales 2021 529 M 599 M 599 M
Net income 2021 16,4 M 18,6 M 18,6 M
Net cash 2021 100 M 114 M 114 M
P/E ratio 2021 30,9x
Yield 2021 -
Capitalization 490 M 555 M 554 M
EV / Sales 2021 0,74x
EV / Sales 2022 0,61x
Nbr of Employees 2 105
Free-Float 61,3%
Chart WESTWING GROUP AG
Duration : Period :
Westwing Group AG Technical Analysis Chart | WEW | DE000A2N4H07 | MarketScreener
Technical analysis trends WESTWING GROUP AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 24,12 €
Average target price 44,40 €
Spread / Average Target 84,1%
EPS Revisions
Managers and Directors
Stefan Smalla Chief Executive Officer
Sebastian Sńuberlich Chief Financial Officer
Christoph Barchewitz Chairman-Supervisory Board
Antonella Mei-Pochtler Deputy Chairman-Supervisory Board
Michael Hoffmann Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
WESTWING GROUP AG-27.16%555
AMAZON.COM, INC.8.17%1 786 762
JD.COM, INC.-10.93%121 605
ETSY, INC.38.27%31 188
WAYFAIR INC.5.39%24 879
MOMO.COM INC.238.78%10 898