Germany's ownership disclosure clock runs on a threshold system written into the Wertpapierhandelsgesetz. When a shareholder in a listed company crosses one of the Act's defined voting-rights levels, Article 40, Section 1 requires the issuer to push that notification out to the market. LANXESS Aktiengesellschaft did exactly that on 31 August 2026 at 17:36 CET, filing via EQS with Europe-wide distribution designated.
The release carries the Article 40, Section 1 classification of the WpHG (the German Securities Trading Act). That is the provision that channels shareholder threshold disclosures into public view across European markets. Dissemination through EQS is the standard conduit for meeting the Act's Europe-wide reach requirement.