RNS Number : 3954L
Hyundai Motor Company
09 January 2009
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : January 9, 2009
Disclosure Title : Change in Large Shareholding (above 5%)
of Investment Securities
1. Name of Investment Security : Hyundai Autonet
- Relationship with Company : Special relationship party
2. Reason for Change : Continental Automotive GmbH acquired VDO
Automotive AG (Formerly known as 'Siemens VDO Automotive AG')
3. Details of Change in Shareholding :
<Details of Transaction>
|
Company
|
Method
|
Date
|
Type
Of
shares
|
# of Shares
|
|
Before
|
After
|
Change
|
|
VDO
Automotive
AG
|
Merger
(-)
|
June
2
2008
|
Common
Shares
|
54,467,929
|
0
|
-54,467,929
|
|
Continental
Automotive
GmbH
|
Merger
(+)
|
June
2
2008
|
0
|
54,467,929
|
+54,467,929
|
<Shareholding Status> : as of last announcement
|
Relationship
|
Company
|
# of Shares
|
|
Type of
Shares
|
Number of
Shares(Shares)
|
Portion(%)
|
|
Special
RelationshipParty
|
Hyundai
Motor
Company
|
Common
Shares
|
38,870,000
|
16.77
|
|
Kia Motors
Corporation
|
20,652,178
|
8.91
|
|
GLOVIS
|
15,597,929
|
6.73
|
|
VDO
Automotive AG
|
54,467,929
|
23.5
|
<Shareholding Status> : as of current announcement
|
Relationship
|
Company
|
# of Shares
|
|
Type of
Shares
|
Number of
Shares(Shares)
|
Portion(%)
|
|
Special
RelationshipParty
|
Hyundai
Motor
Company
|
Common
Shares
|
38,870,000
|
16.77
|
|
Kia Motors
Corporation
|
20,652,178
|
8.91
|
|
GLOVIS
|
15,597,929
|
6.73
|
|
Continental
Automotive
GmbH
|
54,467,929
|
23.5
|
This information is provided by RNS
The company news service from the London Stock Exchange
END
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