Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Lufthansa discloses that an indirect stake held via Kühne Aviation now represents about 20% of its total voting rights after estate changes.
Rhea-AI Summary
Deutsche Lufthansa (DLAKY) has received a major holdings notification under Article 40 (1) WpHG.
As of 31 August 2026, 20.000010065862% of its voting rights, corresponding to 240,416,700 shares out of a total of 1,202,082,895, are attributed to natural person Dr. Thomas Stähelin via an indirect holding. The shares are held through Kühne Aviation GmbH, within a control chain including FROMER Services GmbH and Kühne Holding AG, with no voting-rights instruments reported.
The notification follows the passing of Klaus‑Michael Kühne on 23 August 2026 and the appointment of FROMER Services GmbH as executor of his estate on 31 August 2026.
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Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
09. Sep 2026 / 14:16 CET/CEST, transmitted by GlobeNewswire.
The issuer is solely responsible for the content of this announcement.
Notification of Major Holdings
1. Details of issuer
| Name | Deutsche Lufthansa AG |
| Street address | Venloer Strasse 151-153 |
| Postal code | 50672 |
| City | Cologne |
| LEI | 529900PH63HYJ86ASW55 |
2. Reason for notification
| Attribution due to execution of a will |
3. Details of person subject to the notification obligation
Natural Person
| Name | Birth date |
|---|---|
| Thomas Stähelin Dr. | 04.10.1947 |
4. Name(s) of shareholder(s) holding directly
| Name |
|---|
| Kühne Aviation GmbH |
5. Date on which threshold was crossed or reached
| 31.08.2026 |
6. Total positions
| % of voting rights attached to shares (total of details on total positions 7.a.) | % of voting rights through instruments (total of details on total positions 7.b.1. + 7.b.2.) | Total of both in % (details on total positions 7.a. + 7.b.) | Total number of voting rights pursuant to Sec. 41 WpHG | |
|---|---|---|---|---|
| New |
|
|
|
1,202,082,895 |
| Previous notification | n/a% | n/a% | n/a% | - |
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 | 240,416,700 |
|
|
| Total | 240,416,700 |
|
||
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 % |
|---|---|---|---|---|
| 0 |
|
|||
| Voting rights absolute | Voting rights in % | |||
| Total | 0 |
|
||
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 % |
|---|---|---|---|---|---|
| 0 |
|
||||
| Voting rights absolute | Voting rights in % | ||||
| Total | 0 |
|
|||
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) holding directly or indirectly an interest in the (underlying) issuer | |
| X | Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity |
| Name |
% of voting rights (if at least |
% of voting rights through instruments (if at least |
Total of both (if at least |
|---|---|---|---|
| Dr. Thomas Stähelin | |||
| FROMER Services GmbH | |||
| Kühne Holding AG | |||
| Kühne Aviation GmbH |
|
|
9. In case of proxy voting according to Sec. 34 (3) WpHG
Date of general meeting
Total positions (6.) after general meeting:
| % of voting rights attached to shares | % of voting rights through instruments | Total of both |
|---|---|---|
10. Other useful information
| Due to the passing of Mr. Klaus-Michael Kühne on 23 August 2026, FROMER Services GmbH was appointed as the executor of the estate on 31 August 2026 to administer the estate and to carry out its distribution in accordance with the instructions laid down by the deceased or, where applicable, in accordance with the provisions of the law. |
Date
| 08.09.2026 |
End of message
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| Language | English |
| Company | Deutsche Lufthansa AG |
| Venloer Straße 151-153. | |
| 50672 Koeln | |
| Germany | |
| Internet | https://www.lufthansagroup.com/investor-relations |
FAQ
Who is the person subject to the notification obligation in this Lufthansa filing?
The person subject to the notification obligation is natural person Dr. Thomas Stähelin, born 4 October 1947. The notification attributes to him, via a chain of controlled undertakings, 20.000010065862% of Deutsche Lufthansa’s voting rights that are held indirectly.
What control chain links Dr. Thomas Stähelin to the Lufthansa voting rights?
The notification lists a full chain of controlled undertakings starting with Dr. Thomas Stähelin, followed by FROMER Services GmbH, Kühne Holding AG and finally Kühne Aviation GmbH, which holds the Lufthansa shares representing 20.00% of voting rights.
What event triggered this major holdings notification for Lufthansa?
The filing explains that Klaus‑Michael Kühne passed away on 23 August 2026 and that FROMER Services GmbH was appointed executor of his estate on 31 August 2026 to administer and distribute the estate under his instructions or applicable law. This change in estate administration led to the attribution of voting rights and the crossing of the 20% threshold on 31 August 2026.