Publication pursuant to section 40 (1) WpHG
Notification of Major Holdings: Morgan Stanley
1. Details of issuer
| Name: | Deutsche Lufthansa AG |
| Street: | Venloer Str. 151-153 |
| Postal code: | 50672 |
| City: | Cologne Germany |
| Legal Entity Identifier (LEI): | 529900PH63HYJ86ASW55 |
2. Reason for notification
| X | Acquisition/disposal of shares with voting rights |
| Acquisition/disposal of instruments | |
| Change of breakdown of voting rights | |
| X | Other reason: Notification is triggered due to the non application of the Trading Book Exemption which is available under Sect. 36 Para. 1 WpHG |
3. Details of person subject to the notification obligation
| Legal entity: Morgan Stanley City of registered office, country: Wilmington, Delaware, United States of America (USA) |
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
| 25 May 2020 |
6. Total positions
| % of voting rights attached to shares (total of 7.a.) | % of voting rights throug instruments (total of 7.b.1 + 7.b.2) | Total of both in % (7.a. + 7.b.) | Total number of voting rights pursuant to Sec. 41 WpHG | |
| New | 0.37 % | 6.90 % | 7.27 % | 478,194,257 |
| Previous notification | 0.36 % | n/a % | 4.99 % | / |
7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
| ISIN | Absolute | In % | ||
| Direct (Sec. 33 WpHG) | Indirect (Sec. 34 WpHG) | Direct (Sec. 33 WpHG) | Indirect (Sec. 34 WpHG) | |
| DE0008232125 | 0 | 1,784,389 | 0.00 % | 0.37 % |
| Total | 1,784,389 | 0.37 % | ||
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Voting rights absolute | Voting rights in % |
| Call Option | From 19.06.2020 to 16.12.2022 | at any time | 5,807,000 | 1.21 % |
| Right of recall over securities lending agreements | at any time | at any time | 20,812,784 | 4.35 % |
| Compound | From 26.05.2021 to 13.06.2023 | at any time | 19,650 | 0 % |
| Total | 26,639,434 | 5.57 % |
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Cash or physical settlement | Voting rights absolute | Voting rights in % |
| Retail Structured Product | From 24.08.2066 to 30.03.2070 | at any time | Cash | 6,473 | 0 % |
| Equity Swap | From 08.10.2020 to 21.07.2022 | at any time | Cash | 1,358,025 | 0.28 % |
| Compound | From 28.11.2022 to 03.03.2025 | at any time | Cash | 86,340 | 0.02 % |
| Put Option | From 19.06.2020 to 17.12.2021 | at any time | Physical | 4,890,800 | 1.02 % |
| Total | 6,341,638 | 1.33 % |
8. Information in relation to the person subject to the notification obligation
| Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.). | |
| X | Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: |
| Name | % of voting rights (if at least 3% or more) | % of voting rights through instruments (if at least 5% or more) | Total of both (if at least 5% or more) |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley Capital Services LLC | % | % | % |
| - | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Domestic Holdings, Inc. | % | % | % |
| Morgan Stanley & Co. LLC | % | % | % |
| - | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley International Holdings Inc. | % | % | % |
| Morgan Stanley International Limited | % | % | % |
| Morgan Stanley Investments (UK) | % | % | % |
| Morgan Stanley & Co. International plc | % | % | % |
| - | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley Capital Management, LLC | % | % | % |
| Morgan Stanley Investment Management Inc. | % | % | % |
| - | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley International Holdings Inc. | % | % | % |
| Morgan Stanley B.V. | % | % | % |
| - | % | % | % |
| Morgan Stanley | % | % | % |
| Morgan Stanley International Holdings Inc. | % | % | % |
| Morgan Stanley International Limited | % | % | % |
| Morgan Stanley Europe Holding SE | % | % | % |
| Morgan Stanley Europe SE | % | % | % |
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
| Proportion of voting rights | Proportion of instruments | Total of both |
| % | % | % |
10. Other explanatory remarks:
| The notification was triggered predominately due to an acquisition of shares with voting rights which resulted in the combined holdings of Morgan Stanley & Co. International plc & Morgan Stanley Europe SE crossing above 5% in aggregate, as such the trading book exemption is no longer able to be applied to the combined holdings of Morgan Stanley & Co. International plc & Morgan Stanley Europe SE. |
Date
| 28 May 2020 |