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Lenzing AG / Publication of a participation notification according to art. 93 para. 2 Stock Exchange Act

Published: May 17, 2017; 16:23 · (FriedlNews)

On 16 May 2017, B & C Rho GmbH & Co KG has undertaken to sell 2,654,999 voting rights (equivalent to approx. 9.99% of the share capital and voting rights) in Lenzing Aktiengesellschaft and B & C Iota GmbH & Co KG has undertaken to sell 680,959 voting rights (equivalent to approx. 2.56% of the share capital and voting rights) in Lenzing Aktiengesellschaft to institutional investors by way of an accelerated bookbuilding procedure. That total of 3,335,958 voting rights to be sold (equivalent to approx.

Notification of voting rights transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Person subject to notification obligation
Name: B & C Privatstiftung
City: Wien
Country: Österreich
Name of shareholder(s): B & C LAG Holding GmbH, B & C Iota GmbH & Co KG, B & C
Rho GmbH & Co KG

Date on which the threshold was crossed or reached: 16.05.2017

On 16 May 2017, B & C Rho GmbH & Co KG has undertaken to sell 2,654,999 voting
rights (equivalent to approx. 9.99% of the share capital and voting rights) in
Lenzing Aktiengesellschaft and B & C Iota GmbH & Co KG has undertaken to sell
680,959 voting rights (equivalent to approx. 2.56% of the share capital and
voting rights) in Lenzing Aktiengesellschaft to institutional investors by way
of an accelerated bookbuilding procedure. That total of 3,335,958 voting rights
to be sold (equivalent to approx. 12.56% of the share capital and voting
rights) in Lenzing Aktiengesellschaft (which will continue to be held by B & C
Rho GmbH & Co KG and B & C Iota GmbH & Co KG respectively until settlement) are
herewith notified as financial instruments pursuant to sec 91a (1) 3 Stock
Exchange Act.

Settlement of these sales shall take place on 19 May 2017. Upon settlement of
these sales, B & C Rho GmbH & Co KG and B & C Iota GmbH & Co KG will no longer
hold any voting rights in Lenzing Aktiengesellschaft.

Furthermore, 13,275,002 voting rights (equivalent to a little more than 50.00%
of the share capital and voting rights) in Lenzing Aktiengesellschaft are
attributable to B & C Privatstiftung via its 100% subsidiary B & C Holding
Österreich GmbH and its 100% subsidiary B & C LAG Holding GmbH pursuant to sec
92 (4) Stock Exchange Act. In this context it is noted that 16,610,960 voting
rights (equivalent to approx. 62.56% of the share capital and voting rights) in
Lenzing Aktiengesellschaft are attributable to B & C Privatstiftung until the
settlement of the aforesaid sales pursuant to sec 92 (4) Stock Exchange Act.

Information in relation to the person subject to the notification obligation

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 held | other |Total of both|
| No. | Name |controlled |directly (%)| instruments | (%) |
| | | by No. | |held directly| |
|__________|______________|___________|____________|_____(%)_____|_____________|
| 1 |B&C | | | | |
|__________|Privatstiftung|___________|____________|_____________|_____________|
| |B&C Holding | | | | |
| 2 |Österreich | 1 | | | |
|__________|GmbH__________|___________|____________|_____________|_____________|
| 3 |B&C LAG | 2 | 50,00 %| | 50,00 %|
|__________|Holding_GmbH__|___________|____________|_____________|_____________|
| 4 |B&C Rho GmbH &| 1 | | 9,99 %| 9,99 %|
|__________|Co_KG_________|___________|____________|_____________|_____________|
| 5 |B&C Iota GmbH | 1 | | 2,56 %| 2,56 %|
|__________|&_Co_KG_______|___________|____________|_____________|_____________|
Further inquiry note:
Lenzing AG
Mag. Waltraud Kaserer

Vice President Corporate Communications & Investor Relations

Tel.: +43 (0) 7672 701-2713
mailto:w.kaserer@lenzing.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: office@lenzing.com
WWW: http://www.lenzing.com
ISIN: AT0000644505
indexes: ATX, WBI
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/1597/aom

***ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS
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OTE0007 2017-05-17/16:23

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ISIN
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