Increased involvement to more than 5% of the total number of votes in the Company
Increased involvement to more than 5% of the total number of votes in the Company
Current Report No 18/2020
Date: 03.03.2020
Legal basis: Article 70 (1) of the Act on Public Offering – acquisition and disposal of a significant package of shares
The Management Board of Medicalgorithmics S.A. (“the Company”) hereby announces that today the company Caravan Capital Management LLC with registered seat in Tacoma, Washington, USA, representing shareholders MIRI Strategic Emerging Markets Fund LP and The Kenneth Rainin Foundation (“Shareholders”) has notified pursuant to Article 69 clause 1 point 2 of the Act on Public Offering about the transaction of purchase of the Company’s shares by the Shareholders on 28 February 2020, as a result of which the total share of the Shareholders in the total number of votes in the Company increase more than 5% of the total number of votes in the Company.
Caravan Capital Management LLC informed the Company that after the purchase Shareholders holds 229 045 of the Company shares, which constitutes 5,29 % of the share capital and 229 045 votes from the shares held, constituting 5,29 % of the total number of votes.
The above mentioned notification is an attachment to this report.