Major Shareholding Notification • Nov 18, 2014
Major Shareholding Notification
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Banimmo stated today that it has sold its holding (9.53%) in Montea to various institutional investors. This increases the number of public shares ("free float") in Montea to 48.80%.
Dirk De Pauw (Chairman of the Montea Board of Directors): "We would like to thank Banimmo most sincerely for the confidence and support it has given to the Board of Directors over the past years. We are confident that broadening our shareholder base will assist us in the further development of our growth strategy. It is also a strong demonstration of the market's confidence in the quality of our shares."
Christian Terlinden (CEO) of Banimmo stated: "Since the company was listed in 2006, Banimmo has given its active support to the development of Montea. With the number of mixed office/logistics transactions in the property market becoming few and far between, our holding in Montea was no longer of strategic importance for Banimmo. In consultation with the De Pauw family, Banimmo has sold its holding gradually over the course of 2014. Today's sale marks the end of a shared adventure that we can look back on with satisfaction."
A summary of the new shareholding structure, as of 18th November 2014, is shown below1 :
| Shareholders | Shares | % |
|---|---|---|
| De Pauw Family | 1.877.003 | 21,44% |
| Belfius Insurance Belgium | 1.156.361 | 13,21% |
| Federale Verzekeringen | 875.508 | 10,00% |
| De Smet Family | 287.381 | 3,28% |
| Patronale Life | 263.350 | 3,00% |
| Own shares | 23.346 | 0,27% |
| Free float | 4.271.429 | 48,80% |
| TOTAL | 8.754.378 | 100,00% |
Montea Comm. VA is a regulated public property company (RPPC) under Belgian law, that specialises in logistical and semi-industrial property in Belgium and France. The company is a leading player in this market. Montea literally offers its clients the room to grow through versatile, innovative property solutions. This enables Montea to create value for its shareholders. As of 30/09/2014, Montea's property portfolio represented a total area of 619.093 m², spread across 37 locations. Montea Comm. VA has been listed on NYSE Euronext Brussels (MONT) and Paris (MONTP) since the end of 2006.
1 The notification and structure of the shareholding can be viewed at the company website (www.montea.com) under the sections Investor relations/Shareholders/Shareholding structure.
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