2Semana·

Mutares considers reducing its stake in Steyr Motors AG to strengthen its free float due to very strong investor demand

Mutares SE & Co. KGaA $MUX (-8,03 %) against the background of today's decision in the German Bundestag to amend the Basic Law and the associated opportunity to strengthen the German defense industry as well as the very strong demand for shares in Steyr Motors AG $4X0 (-7,26 %) today decided to increase the free float of Steyr in order to further diversify the shareholder base.

This should also create entry opportunities for new investors and improve the possibilities for existing investors to expand their holdings.

To this end, Mutares today reached an agreement with the bank that accompanied the listing of Steyr Motors AG on the Frankfurt Stock Exchange in October 2024 to lift the holding obligation currently still in place under the listing agreement (lock-out from April 30, 2025).

Mutares remains very convinced of the positive development of Steyr Motors AG and intends to remain a major shareholder in Steyr.

Depending on the current very dynamic market conditions, Mutares expects significant gross proceeds from the reduction of the stake 💪

23 Comentarios

Patrick Schäfer@Hotte1909

2Semana

And to fill their pockets before it falls to 150 again 😀

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S.A.U.@SAUgut77

2Semana

@Hotte1909 You have to reap the fruits of your labor, otherwise they'll just go to waste 🤑🤫😅

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Dividendenopi👴@Dividendenopi

2Semana

@Hotte1909 That's what Mutares is there for 😇🤷‍♂️

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ThemenmitKopf@topicswithhead

2Semana

@Hotte1909 and it's probably just to take out a little money. They probably could never have believed themselves that it would increase by 1500%. Smart decision, and above all predictable. If I were them, I would first increase the free float and then announce a capital increase. The Steyr investors are out of luck if they buy into a float squeeze.

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Patrick Schäfer@Hotte1909

2Semana

@topicswithhead oh that's the name 😀 thanks i was thinking the whole time about what it's called what's going on 😀

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Patrick Schäfer@Hotte1909

2Semana

@SAUgut77 that wasn't meant to be derogatory on my part 😉 we probably wouldn't do it any differently

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S.A.U.@SAUgut77

2Semana

@Hotte1909 all good, I didn't take it that way either 😉 ...but we would have, was the message and even if I didn't sell Mutares, for example, at the high, I am convinced of the company and see long-term potential here....also as I said, all good 🫠

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Patrick Schäfer@Hotte1909

2Semana

@SAUgut77 I also continue to see potential in Mutares. However, I liquidated it yesterday evening for the time being. But I haven't thought about a new entry yet. I think I will become weak again at 32 at the latest

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S.A.U.@SAUgut77

2Semana

@Hotte1909 I'm in at 23.91 and yes, I'm enjoying the journey and will be happy to buy more if there are any major setbacks.

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bull_investor_1952@bull_investor_1952

2Semana

@Hotte1909 am in at 44 and am about to take the loss with a view to the Steyr downturn

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CashBurner@Lumimyrsky

2Semana

@Hotte1909 too late

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Ver todas las 3 respuestas adicionales

TaxesAreTheft@TaxesAreTheft

2Semana

They should reduce their stake by 50%. And then buy new companies.

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S.A.U.@SAUgut77

2Semana

@TaxesAreTheft doesn't have to be 50% and remain a majority shareholder, they do a good job and you can also benefit in the long term, but even the difference in between would be worth its weight in gold and cover more than the equity including dividends 😉

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Stefan@Asgard19

2Semana

Perhaps this will result in a good dividend or new investments

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Andreas@AndreasGa

2Semana

However the valuation is arrived at - the expectations will probably never be fulfilled, the store is far too small for that. But then the question arises as to how the expected needs for engines could be met that are now pending in the EU armaments ?
Perhaps Deutz is another candidate that could play a part?

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CaYaRo@CaYaRo

2Semana

As a long-term shareholder of $MUX (shootout to those who have been with us for >5 years), I read this with a certain satisfaction.

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CaYaRo@CaYaRo

2Semana

For reference: A fixed holding period of 90 days after the IPO was agreed. Sale/reduction of shares within a further 90 days with the consent of the IPO bank.

https://ir.steyr-motors.com/wp-content/uploads/2025/02/Sunrise_Information-Memorandum_20250129.pdf
Page 46

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S.A.U.@SAUgut77

2Semana

@CaYaRo 180 days was the deadline for IPOs

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CaYaRo@CaYaRo

2Semana

@SAUgut77 90 fixed and a further 90 variable after consultation with the IPO Bank. Can be found in the linked document on page 46 at the bottom of point 2 Lockup Agreement

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Michael K.@AlexisMachine

2Semana

LOL

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