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D'Ieteren Group
Major Shareholding Notification • Dec 20, 2023
3937_mrq_2023-12-20_7a69d5bb-cc6f-4af8-93ca-5fa764a548d5.pdf
Major Shareholding Notification
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Wednesday 20 December 2023 – 5:45pm CET
Publication of a Transparency Notification (article 14, paragraph 1 of the Law of 2 May 2007 on the disclosure of major shareholdings)
Summary of the notification
D'Ieteren Group has received a transparency notification dated December 14, 2023, from which it appears that, following an acquisition of 1,250,000 profit shares on December 13, 2023, SPDG SA has crossed the threshold of 25% of D'Ieteren Group's voting rights (taking into account its direct and indirect shareholding).
Content of the notification
The notification dated 14 December 2023 contains the following information :
- Reason for the notification : acquisition of voting securities and crossing of a threshold by persons acting in concert.
- Notification by : persons acting in concert and a controlling person.
- Persons subject to the notification requirement : Nayarit Participations SA, Nicolas D'Ieteren, SPDG SA, Reptid Commercial Corporation, Catheline D'Ieteren.
- Transaction date : 13.12.2023
- Crossed Treshold (in %) : 25 %
- Denominator : 58,708,999
- Details of the notification :
| 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 |
|
| Nicolas D'leteren | 3.760.000 | 3.760.000 | 6,40% | ||
| Nayarit Participations SA | 17.684.020 | 17.684.020 | 30,12% | ||
| Subtotal | 21.444.020 | 21.444.020 | 36,53% | ||
| Catheline D'leteren | 1.250.000 | 0 | 0,00% | ||
| SPDG SA | 12.740.605 | 13.990.605 | 23,83% | ||
| Reptid Commercial Corporation | 1.904.875 | 1.904.875 | 3,24% | ||
| Subtotal | 15.895.480 | 15.895.480 | 27,08% | ||
| TOTAL | 37.339.500 | 0 | 63,60% | 0,00% |
PRESS RELEASE: TRANSPARENCY NOTIFICATION
REGULATED INFORMATION
- Wednesday 20 December 2023 5:45pm CET
- Full chain of controlled undertakings through which the holding is effectively held, if applicable : Mrs Catheline D'Ieteren controls SPDG SA, which controls Reptid Commercial Corporation. Mr Nicolas D'Ieteren controls Nayarit Participations SA.
- Additional information : this declaration follows the transfer of 1,250,000 profit shares held by Mrs Catheline D'Ieteren to SPDG SA, resulting in SPDG SA crossing the 25% threshold (taking into account its direct and indirect shareholding).
Other
Transparency notifications must be addressed to:
D'Ieteren Group Financial Communication (Stéphanie Voisin) Rue du Mail 50 1050 Brussels [email protected]
Information on shareholding structure and transparency can be consulted on the company's website: https://www.dieterengroup.com/shareholding-structure/
End of press release
PRESS RELEASE: TRANSPARENCY NOTIFICATION
REGULATED INFORMATION
Wednesday 20 December 2023 – 5:45pm CET
D'Ieteren Group profile
In existence since 1805, and across family generations, D'Ieteren Group seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry and geographies. The Group currently owns the following businesses:
- Belron (50.3%) has a clear purpose: "making a difference by solving people's problems with real care". It is the worldwide leader in vehicle glass repair and replacement and operates in 37 countries, through wholly owned businesses and franchises, with market leading brands – including Carglass®, Safelite® and Autoglass®. In addition, Belron manages vehicle glass and other insurance claims on behalf of insurance customers. Sales and adjusted operating result reached respectively €5,574m and €1,017m in FY-22.
- D'Ieteren Automotive (100%) distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium. It has a market share of 22.5% and 1.2 million vehicles on the road. Its business model is evolving towards "improving the lives of citizens with fluid, accessible and sustainable mobility". Sales and adjusted operating result reached respectively €3,610m and €139m in FY-22.
- PHE (c.91%) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain. Its mission aims at "promoting affordable and sustainable mobility". It generated sales of €2,260m and adjustedoperating result of €178m in FY-22.
- TVH (40%), is a leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment. It operates in 26 countries worldwide. It has a unique operating model and has a clear purpose of "keeping customers going and growing". It generated sales of €1,622m and an adjusted operating profit of €258m in FY-22.
- Moleskine (100%) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform. Its purpose is to "unleash the human genius through hands on paper to empower creativity and knowledge in each individual and the entire world". Sales and adjusted operating result reached respectively €143m and €21m in FY-22.
- D'Ieteren Immo (100%) groups together the Belgian real estate interests of D'Ieteren Group. It owns and manages 35 sites which generated €22.3m net rental income in FY-22. It also pursues investment projects and carries out studies into possible site renovations.
Financial Calendar
Last five press releases (with the exception of press releases related to the repurchase or sale of own shares) Next events 15 December 2023 Belron repricing, dividend and rating 5 March 2024 2023 Full-Year Results 1 December 2023 D'Ieteren Group starts its share buyback programme 30 May 2024 General Assembly 21 November 2023 Publication of transparency notifications 10 September 2024 Half-Year 2024 Results 8 November 2023 D'Ieteren Group launches a share buyback programme 27 October 2023 PHE's credit ratings upgrade
Contacts
Francis Deprez, Chief Executive Officer Edouard Janssen, Chief Financial Officer
Stéphanie Voisin, Investor Relations - Tel: + 32 (0)2 536.54.39 E-mail: [email protected] – Website: www.dieterengroup.com