Belysse Group NV

Major Shareholding Notification • Sep 10, 2018

Sint-Baafs-Vijve, Belgium, 10 September 2018, 5.45 p.m. CET Regulated information For immediate publication

PUBLICATION OF A TRANSPARENCY NOTIFICATION

1. Summary of the notification

Balta Group NV, listed on Euronext Brussels (the "Company"), has received a transparency notification dated 7 September 2018, indicating that Tocqueville Finance S.A. now holds, by virtue of a disposal of shares on 4 September 2018, 4.76% of the voting rights of the Company. Therefore the threshold of 5% has been crossed downward.

This publication is made by the Company pursuant to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in issuers whose shares are admitted to trading on a regulated market.

2. Content of the notification

The aforesaid notification dated 7 September 2018 contains the following information:

• Reason for the notification
• Acquisition or disposal of voting securities or voting rights
• Downward crossing of the lowest threshold
• Notification by

A parent undertaking or a controlling person

• Persons subject to the notification requirement
• La Banque Postale, 115 rue de Sèvres, 75275 Paris (France)
• La Banque Postale Asset Management, 34, rue de la Fédération, 75015 Paris (France)
• Tocqueville Finance SA, 34, rue de la Fédération, 75015 Paris (France)
• La Poste, 44, Boulevard de Vaugirard, 75757 Paris Cedex 15 (France)
• Caisse des Dépôts, 56, rue de Lille, 75356 Paris (France)
• Etat Français, Palais de l'Elysée, 55, rue du FG Saint Honoré, 75008 Paris (France)
• Tocqueville Finance Holding, 34, rue de la Fédération, 75015 Paris (France)

Transaction date

04/09/2018

Threshold that is crossed (in %)

5%

Denominator

35,943,396

Notified details

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Etat Français	0	0		0,00%
Tocqueville Finance SA	2.387.964	1.712.448		4,76%
	TOTAAL	1.712.448	0	4,76%	0.00%

• Full chain of controlled enterprises through which the holding is actually held.

Tocqueville Finance SA is a holding company that exercises the voting rights attached to securities held by several CIUs.

Tocqueville Finance SA may exercise the voting rights as it sees fit in the absence of specific instructions.

The share capital of Tocqueville Finance SA is currently 99.86% owned by Tocqueville Finance Holding, which is 92.66% owned by Banque Postale Asset Management ("LBPAM"), a company incorporated under French law, and 5.04% by Tocqueville Management Corp., a company incorporated under US law.

LBPAM is in its turn owned (i) by 5% by Malakoff Madéric, (ii) by 70% by Banque Postale, which is 100% owned by La Poste Group, which is itself owned for almost 75% by the French State and slightly more than 25% by Caisse des Dépôts et Consignation, a French public financial institution, and (iii) for 25% by Aegon Asset Management, a 100% subsidiary of Aegon.

3. Miscellaneous

This press release may be consulted on the website of the Company via the link www.baltagroup.com

For further information, please contact: Investors: investor.relations@baltagroup.com

Media: Geert Vanden Bossche – Marketing Director geert.vandenbossche@baltagroup.com

About Balta Group NV

Balta is a leading manufacturer of textile floor coverings, selling to over 135 countries worldwide. The Balta divisions are Balta Rugs (woven area rugs), Balta Residential Carpets & Tiles (under the brands Balta and ITC), Balta Commercial Carpets & Tiles (under the brands modulyss, Arc Edition and Bentley), and Balta Non-Woven (under the brand Captiqs). With the addition of Bentley, Balta employs over 3,600 FTEs in 9 manufacturing sites and in distribution centres in Belgium, Turkey and the United States.