EANS-Voting Rights: AGRANA Beteiligungs-AG / Publication of a participation notification according to art. 135 para. 2 Stock Exchange Act EAE

Friday, 25. September 2020 09:38
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  Notification of voting rights transmitted by euro adhoc with the aim of a
  Europe-wide distribution. The issuer is responsible for the content of this
  announcement.
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Zwtl.: Major holdings notification pursuant to Sec. 130 to 134 BörseG 2018

Vienna, 24.9.2020
Overview

|_| Notification made after deadline
Caution: In case of violations of major holdings notification rules, please pay
attention to Section 137 BörseG 2018 (Suspension of voting rights)
1. Issuer: AGRANA Beteiligungs-Aktiengesellschaft
2. Reason for the notification: Other
3. Person subject to notification obligation
Acting in concert agreement (Sec. 133 No. 1 BörseG 2018)

 ______________________________________________________________________
|___First_name____|______Name/Surname______|____City____|___Country____|
|                 |RAIFFEISEN-HOLDING      |            |              |
|                 |NIEDERÖSTERREICH-WIEN   |            |              |
|                 |registrierte            |Vienna      |Austria       |
|                 |Genossenschaft mit      |            |              |
|_________________|beschränkter_Haftung____|____________|______________|
|                 |"LAREDO" Beteiligungs   |Vienna      |Austria       |
|_________________|GmbH____________________|____________|______________|
|_________________|"ALMARA"_Holding_GmbH___|Vienna______|Austria_______|
|                 |LEIPNIK-LUNDENBURGER    |            |              |
|                 |INVEST Beteiligungs     |Vienna      |Austria       |
|_________________|Aktiengesellschaft______|____________|______________|
|                 |Marchfelder             |            |              |
|                 |Zuckerfabriken          |Vienna      |Austria       |
|_________________|Gesellschaft_m.b.H._____|____________|______________|
|                 |Zucker-                 |            |              |
|                 |Beteiligungsgesellschaft|Vienna      |Austria       |
|_________________|m.b.H.__________________|____________|______________|
|                 |Süddeutsche             |            |              |
|                 |Zuckerrübenverwertungs- |Ochsenfurt  |Germany       |
|_________________|Genossenschaft_eG_______|____________|______________|
|_________________|Südzucker_AG____________|Mannheim____|Germany_______|
|                 |AGRANA Zucker, Stärke   |Vienna      |Austria       |
|_________________|und_Frucht_Holding_AG___|____________|______________|


4. Name of shareholder(s): see points 8. and 10.
5. Date on which the threshold was crossed or reached: 23.9.2020
6. Total positions

 ______________________________________________________________________________
|               |               |  % of voting  |              |               |
|               |  % of voting  |rights through |Total of both |Total number of|
|               |rights attached|financial/other| in % (7.A +  | voting rights |
|               |to shares (7.A)| instruments   |     7.B)     |   of issuer   |
|_______________|_______________|(7.B.1_+_7.B.2)|______________|_______________|
|   Resulting   |               |               |              |               |
| situation on  |               |               |              |               |
|  the date on  |    78.34 %    |    1.28 %     |   79.62 %    |  62 488 976   |
|which threshold|               |               |              |               |
| was crossed / |               |               |              |               |
|____reached____|_______________|_______________|______________|_______________|
|  Position of  |               |               |              |               |
|   previous    |    78.34 %    |    1.28 %     |   79.62 %    |               |
| notification  |               |               |              |               |
|(if_applicable)|_______________|_______________|______________|_______________|


Details
7. Notified details of the resulting situation:

 ______________________________________________________________________________
|A:_Voting_rights_attached_to_shares___________________________________________|
|             |____Number_of_voting_rights____|_______%_of_voting_rights_______|
|             |    Direct     |   Indirect    |    Direct     |    Indirect    |
|  ISIN Code  |(Sec 130 BörseG|(Sec 133 BörseG|(Sec 130 BörseG|(Sec 133 BörseG |
|_____________|_____2018)_____|_____2018)_____|_____2018)_____|_____2018)______|
|AT000AGRANA3_|_______________|_____48_955_088|_______________|_________78.34_%|
|_SUBTOTAL_A__|__________48_955_088___________|____________78.34_%_____________|


 ______________________________________________________________________________
|B 1: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 1 BörseG  |
|2018__________________________________________________________________________|
|             |               |               |   Number of   |                |
|             |               |               |    voting     |                |
|             |               |               |rights that may|                |
|   Type of   |               |               |      be       |  % of voting   |
| instrument  |Expiration Date|Exercise Period|acquired if the|     rights     |
|             |               |               |               |                |
|             |               |               | instrument is |                |
|_____________|_______________|_______________|___exercised___|________________|
|Call-Option__|n.a.___________|from_23.08.2017|________800_000|__________1.28_%|
|_____________|_______________|_SUBTOTAL_B.1__|________800_000|__________1.28_%|


 _____________________________________________________________________________
|B 2: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 2 BörseG |
|2018_________________________________________________________________________|
|  Type of  | Expiration | Exercise  | Physical /  | Number of   |% of voting |
|instrument |    Date    |  Period   |    Cash     |voting rights|   rights   |
|___________|____________|___________|_Settlement__|_____________|____________|
|___________|____________|___________|SUBTOTAL_B.2_|_____________|____________|


8. Information in relation to the person subject to the notification obligation:
|_| Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

|X| Full chain of controlled undertakings through which the voting rights and/or
the financial/other instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

 ____________________________________________________________________________
|      |                        |          |          |Financial/ |          |
|      |                        | Directly |  Shares  |   other   |          |
| No.  |          Name          |controlled|   held   |instruments| Total of |
|      |                        |  by No.  |directly  |   held    | both (%) |
|      |                        |          |   (%)    | directly  |          |
|______|________________________|__________|__________|____(%)____|__________|
|      |RAIFFEISEN-HOLDING      |          |          |           |          |
|      |NIEDERÖSTERREICH-WIEN   |          |          |           |          |
|  1   |registrierte            |          |    0.24 %|           |    0.24 %|
|      |Genossenschaft mit      |          |          |           |          |
|______|beschränkter_Haftung____|__________|__________|___________|__________|
|  2   |"LAREDO" Beteiligungs   |    1     |          |           |          |
|______|GmbH____________________|__________|__________|___________|__________|
|      |LEIPNIK-LUNDENBURGER    |          |          |           |          |
|  3   |INVEST Beteiligungs     |    2     |          |           |          |
|______|Aktiengesellschaft______|__________|__________|___________|__________|
|      |Marchfelder             |          |          |           |          |
|  4   |Zuckerfabriken          |    3     |          |           |          |
|______|Gesellschaft_m.b.H._____|__________|__________|___________|__________|
|__5___|"ALMARA"_Holding_GmbH___|____1_____|__________|___________|__________|
|      |Zucker-                 |          |          |           |          |
|  6   |Beteiligungsgesellschaft|          |          |           |          |
|______|m.b.H.__________________|__________|__________|___________|__________|
|      |Süddeutsche             |          |          |           |          |
|  7   |Zuckerrübenverwertungs- |          |          |           |          |
|______|Genossenschaft_eG_______|__________|__________|___________|__________|
|__8___|Südzucker_AG____________|____7_____|____2.74_%|___________|____2.74_%|
|  9   |AGRANA Zucker, Stärke   |    8     |   78.34 %|     1.28 %|   79.62 %|
|______|und_Frucht_Holding_AG___|__________|__________|___________|__________|


9. In case of proxy voting
Date of general meeting: -
Voting rights after general meeting: - is equivalent to - voting rights.

10. Further comments:
1. The notification of voting rights is due to the merger of Estezet
Beteiligungsgesellschaft m.b.H. (Estezet) as transferring company with Zucker-
Beteiligungsgesellschaft m.b.H. (ZBG), which expired with effect from 23
September 2020 (entry in the commercial register) and thus resigned from the
attribution group in accordance with section 133 items 1, 4, 7 Austrian Stock
Exchange Act 2018 on the basis of the shareholder's agreement (see point 10.5).
Thus the attribution of the interest in voting rights of 79.62% (sections 130,
131 Austrian Stock Exchange Act 2018) that can be attributed in total (sections
130, 131 Austrian Stock Exchange Act 2018) is no longer applicable for Estezet
with effect from 23 September 2020. As a result, Estezet has fallen below the
reporting thresholds of 75, 50, 45, 40, 35, 30, 25, 20, 15, 10, 5 and 4%. The
entire 79.62% interest in voting rights (sections 130, 131 Austrian Stock
Exchange Act 2018) has already been attributed to ZBG.

2. AGRANA Zucker, Stärke und Frucht Holding AG (ABH) continues to hold
48,955,088 shares, corresponding to a relevant interest in voting rights of
78.34% (section 130 para 1 Austrian Stock Exchange Act 2018), and a call option
to purchase 800,000 AGRANA shares from Südzucker (7.B.1.), corresponding to a
relevant interest in voting rights of 1.28% (section 131 para 1 item 1 Austrian
Stock Exchange Act 2018) (prior to the effective date of the share split in a
ratio of 1:4, the call option comprised 200,000 AGRANA shares). The total
relevant interest in voting rights of ABH corresponds to 79.62%.

3. Südzucker continues to hold 1,713,716 shares, corresponding to a relevant
interest in voting rights of 2.74% from directly held shares (section 130 (1)
Austrian Stock Exchange Act 2018), whereby these shares are not attributable
under the shareholder's agreement (point 10.5). This also includes the 800,000
shares (1.28%) for the acquisition of which Südzucker has granted ABH a call
option (point 10.2).

4. The voting rights of Südzucker and ABH are attributable to Südzucker through
the shareholding in ABH and as a party to the shareholder's agreement (point
10.5) (section 133 items 4, 7 Austrian Stock Exchange Act 2018) and to
Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG through its shareholding in
Südzucker (section 133 item 4 Austrian Stock Exchange Act 2018). The total
relevant interest in voting rights corresponds to 82.36% (sections 130, 131
Austrian Stock Exchange Act 2018). The call option (point 10.2.) relates to
AGRANA shares directly held by Südzucker. The shares subject to the call option
are therefore double-counted in the total relevant interest in voting rights of
82.36%. The adjusted total interest in voting rights is 81.08%.

5. There is a shareholder's agreement between Südzucker and ZBG. RAIFFEISEN-
HOLDING NIEDERÖSTERREICH-WIEN registrierte Genossenschaft mit beschränkter
Haftung (RHO) and the companies directly and indirectly controlled by RHO,
"ALMARA" Holding GmbH (ALMARA), Marchfelder Zuckerfabriken Gesellschaft m.b.H.
(MZ) and LEIPNIK-LUNDENBURGER INVEST Beteiligungs Aktiengesellschaft (LLI) have
joined the shareholder's agreement as direct and indirect shareholders of ZBG.
RHO indirectly controls ZBG through direct control over ALMARA and indirect
control over LLI, which controls MZ. RHO is the sole shareholder of "LAREDO"
Beteiligungs GmbH, which directly controls LLI. The total relevant interest in
voting rights of RHO corresponds to 79.87% (attribution and direct share, see 8.
above); the voting rights of ABH (point 10.2.) are attributed in each case
(section 133 item 1, 4, 7 Austrian Stock Exchange Act 2018) and the attributed
interest in voting rights pursuant to section 131 Austrian Stock Exchange Act
2018 amounts to 1.28%. The total attributable interest in voting rights
(sections 130, 131 Austrian Stock Exchange Act 2018) in each case corresponds to
79.87%.

Vienna, 24.9.2020

Further inquiry note:
AGRANA Beteiligungs-AG

Mr. Hannes Haider
Investor Relations
Phone: +43-1-211 37-12905
E-mail: hannes.haider@agrana.com

Mr. Markus Simak
Public Relations
Phone: +43-1-211 37-12084
E-mail: markus.simak@agrana.com

end of announcement                         euro adhoc
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issuer:       AGRANA Beteiligungs-AG
              F.-W.-Raiffeisen-Platz  1
              A-1020 Wien
phone:        +43-1-21137-0
FAX:          +43-1-21137-12926
mail:         info.ab@agrana.com
WWW:          www.agrana.com
ISIN:         AT000AGRANA3
indexes:      WBI
stockmarkets: Wien, Frankfurt, Stuttgart, Berlin
language:     English

EAX0003    2020-09-25/09:38

Related Links: AGRANA Beteiligungs AG
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