Disregard of voting rights

BaFin permits, on application, that voting rights from shares of the target company be disregarded in calculating the share of voting rights, where the shares were obtained through 1. succession, division of an estate, or gratuitous transfer between spouses, civil partners, or relatives in the direct line up to the third degree, or through a division of property on the occasion of the dissolution of a marriage or civil partnership, 2. change of legal form, or 3. restructurings within a group.