Goldman Sachs Boosts Stake in CECONOMY AG to 6.11 Percent
CECONOMY AG, a German company based in Düsseldorf, has disclosed a significant change in its voting rights structure. According to a recent announcement under Article 40, Section 1 of the German Securities Trading Act (WpHG), The Goldman Sachs Group, Inc. has crossed a major threshold in its holdings.
As of September 28, 2026, Goldman Sachs International, acting on behalf of The Goldman Sachs Group, Inc., now holds a total of 6.11% of the voting rights in CECONOMY AG. This includes 3.69% through shares and 2.42% through various financial instruments. The previous notification indicated holdings of 6.09%, showing a slight increase.
The breakdown of voting rights reveals that Goldman Sachs International holds 3.46% directly and 0.23% indirectly through shares. Additionally, the group holds 2.39% through instruments such as rights to recall and rights of use, with a smaller portion coming from swaps.
The announcement also details the full chain of controlled undertakings under The Goldman Sachs Group, Inc., including entities like GSAM Holdings LLC and Goldman Sachs Asset Management, L.P. However, none of these entities hold individual voting rights exceeding 3% or more.