AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Recticel

Declaration of Voting Results & Voting Rights Announcements Jun 27, 2022

3993_mrq_2022-06-27_a43e898d-5cf5-4dc0-a42a-835632942f91.pdf

Declaration of Voting Results & Voting Rights Announcements

Open in Viewer

Opens in native device viewer

Brussels, 27 June 2022 – 18:00 CET

Disclosure of a transparency notification (Article 14, first paragraph, of the Act of 2 May 2007 on the disclosure of major holdings)

Participation notification by KBC Asset Management NV

In accordance with the Act of 2 May 2007 on the publication of important participations in listed companies, Recticel (Euronext: REC) publishes the following notification:

1. Summary of notification

Recticel (Euronext: REC) has received a transparency notification dated 24 June 2022, which shows that KBC Asset Management NV , as a result of the acquisition of shares on 22 June 2022, owns 1,662,440 (2.96%) voting rights (previously 1,648,964 shares or 3.01%) of the company. It has thus crossed downwards the 3% shareholding threshold.

2. Content of notification

The notification dated 24 June 2022 contains the following information:

  • Reason for the notification: Downward crossing of lowest shareholding threshold. Acquisition or disposal of securities carrying voting rights or voting rights.
  • Notification by: a parent or controlling person
  • Person(s) liable to make the notification: KBC Asset Management NV, having its address at Havenlaan, 2 in 1080 Sint-Jans-Molenbeek (Brussels), Belgium
  • Transferor(s) of voting rights: unknown
  • Transaction date: 22 June 2022
  • Threshold exceeded: 3% downwards
  • Denominator: 56,186,420
  • Details of the notification:
A.
Holders of voting
Previous notification After the transaction
rights Number of voting
rights
Number of voting
rights
% of voting rights
KBC Asset Management
NV
1,648,964 1,662,440 2.96%
SUBTOTAL (A) 1,648,964 1,662,440 2.96%
B.
Holders of
After the transaction
equivalent
financial
instruments
Type of
financial
instrument
Exercise period or
date
Number of voting
rights that may be
acquired if the
instrument is
exercised
% of voting
rights
- - - - -
SUBTOTAL (B) - - - -
TOTAL (A + B) 1,662,440 2.96%

• Chain of controlled undertakings through which the participating interest is effectively held: The voting securities are owned by a number of collective investment schemes managed by KBC Asset Management NV. At the general meeting of the issuer, KBC Asset Management NV may exercise the voting rights of these undertakings for collective investment at its own discretion.

Press releases can be consulted on the Recticel website via the link https://www.recticel.com/newsroom/press-releases.html.

Transparency notices can be consulted on the Recticel website via the link https://www.recticel.com/index.php/investors/shareholders.html - Transparency declarations

°°°

Financial calendar

First half-year 2022 results 26.08.2022 (at 07:00 AM CET) Third quarter 2022 trading update 28.10.2022 (at 07:00 AM CET)

For additional information

RECTICEL
avenue du Bourget/Bourgetlaan 42, 1130 Brussels
PRESS INVESTOR RELATIONS
Mr Olivier Chapelle
Tel: +32 2 775 18 01
[email protected]
Mr Michel De Smedt
Mobile: +32 479 91 11 38
[email protected]

Recticel in a nutshell

Recticel is a Belgian industrial group with a solid European dimension and operations in Asia, the United States and Africa.

Recticel contributes to daily comfort with high-performance thermal insulation solutions for the construction industry and an extensive range of polyurethane foam products for industrial and domestic applications. Whilst focusing on industry-leading, customized solutions supported by sustainable innovations, Recticel strives to provide responsible answers to societal challenges, including climate change and conservation of resources.

The Insulation business line helps to reduce energy consumption with products marketed under wellknown brands such as Eurowall®, Powerroof®, Powerdeck®, Powerwall® and Xentro®.

The Engineered Foams business offers a diversified and unique range of foams and systems, spanning transport, industrial, consumer goods and comfort applications.

With 3,556 employees operating in 43 locations in 19 countries, Recticel realized in 2021 consolidated sales of EUR 1,032.8 million (excluding the Bedding sales accounted for in discontinued operations as per IFRS 5).

Recticel (Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on Euronext in Brussels.

The press release is available in English and Dutch on the website www.recticel.com

Talk to a Data Expert

Have a question? We'll get back to you promptly.