DGAP-News: RIB Software AG / Key word(s): Investment
26.03.2014 / 10:12
---------------------------------------------------------------------
26-03-2014
Individual Funds managed by affiliates of The Capital Group Companies, Inc.
(USA), acquired approximately two million shares (approximately 5.19 %) in
RIB Software AG.
The shares were acquired from the members of the management and from
significant shareholders of RIB Software AG, each of whom decreased their
shareholding in the Company by 10 % to facilitate the acquisition.
The Capital Group Companies, Inc., (USA) is an investment management
organization based in California. The Capital Group is one of the most
well-
known global investors with around 1 trillion USD under management.
Thomas Wolf, Chairman of the Management Board (CEO) of RIB Software AG, who
continues to hold more than 30 % of the shares in the Company: "I met
Capital Group and SVP Larry Solomon, in San Francisco and shared the RIB
vision. I could feel, we could be "running together" and revolutionize with
our iTWO BIG DATA Platform Technology the global construction industry to
become one of the most advanced industries on our planet and to reach the
next generation of living. Therefore I welcome the famous Capital Group and
its top management from the Bay Area and LA as a new investor".
RIB Software AG
Vaihingerstrasse 151
70567 Stuttgart
End of Corporate News
---------------------------------------------------------------------
26.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: RIB Software AG
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail: info@rib-software.com
Internet: www.rib-software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
259632 26.03.2014
