Declaration of Voting Results & Voting Rights Announcements • Jun 29, 2023
Declaration of Voting Results & Voting Rights Announcements
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Wetteren, 29 June 2023 – 10.45 p.m.
smartphoto group - Euronext Brussels: SMAR
According to Article 9bis of the articles of association of smartphoto group NV, each holder of voting securities must notify when the voting rights attached to the voting securities reach, exceed or fall below the thresholds of 3%, 5%, or any multiple of 5% of the total number of existing voting rights.
In accordance with Article 14 and Article 29 of the Law of May 2, 2007 on disclosure of major holdings in issuers whose shares are admitted to trading on a regulated market, and containing various provisions, smartphoto group NV discloses the following notification:
The companies Midelco NV, Cecan Invest NV and Isarick NV, as well as Mr Philippe Vlerick, Doorniksewijk 49, B - 8500 Kortrijk, have informed the Financial Services and Markets Authority (FSMA) and smartphoto group NV that the aggregate percentage of the number of acquired voting securities or voting rights on 20 June 2023 has exceeded the 20% threshold through the acquisition of 30 000 shares by Cecan Invest NV. The total number of voting rights held by the persons acting in concert following this transaction is 789 970 or 20.04%. Details of the notification received are shown below.
| Holders of voting rights | Previous notification Number of voting rights |
After the transaction Number of voting rights |
% voting rights |
|---|---|---|---|
| STAK Professor Vlerick | 0 | 0 | |
| Cecan Invest NV | 217 364 | 269 864 | |
| Subtotal | 217 364 | 269 864 | |
| Philippe Vlerick | 3 607 | 3 607 | |
| Midelco NV | 467 555 | 503 830 | |
| Subtotal | 471 162 | 507 437 | |
| Isabelle Vlerick | 0 | 0 | |
| Isarick NV | 12 669 | 12 669 | |
| Subtotal | 12 669 | 12 669 | |
| TOTAL | 701 195 | 789 970 | 20.04% |
Total number of voting rights (the denominator) at the time of the transaction, i.e. 20 June 2023: 3 941 950.
Chain of controlled undertakings through which the holding is effectively held:
The shares are held directly by the companies Midelco NV, Cecan Invest NV, Isarick NV, and by Mr Philippe Vlerick. Cecan Invest NV is a direct subsidiary of Cecan NV whose majority shareholder is STAK Professor Vlerick. Midelco NV is controlled by Philippe Vlerick. Isarick NV is a direct subsidiary of Ispahan NV, which is controlled by Isabelle Vlerick.
The notification, of which the information is presented in this press release, is available on the corporate website of smartphoto group NV, being www.smartphotogroup.com, under the heading Investors/Transparency legislation/ Transparency declarations.
Notifications of important participations, or changes thereof, must - in accordance with the Act of May 2, 2007 and the Articles of Association of smartphoto group NV - be sent to: Maggy Van den Stock, e-mail: [email protected].
Smartphoto group, the innovative e-commerce group, operates in B2C e-commerce under the name smartphoto TM in 12 European countries with affordable, high-quality personalised products such as gifts, cards, photo books, photo calendars, prints and wall decorations.
Additionally, smartphoto group, through naYan, active in B2B e-commerce, is one of the market leaders in e-commerce distribution in Europe by offering a unique 'E-commerce as a Service' (EaaS) for international brands looking for growth, and the sale to businesses of personalised gift packages containing chocolate, alcohol, fruit or flowers through websites such as Gift.be and GiftsforEurope.com.
Smartphoto group's shares are traded on Euronext Brussels (ISIN BE0974323553, ticker symbol SMAR).
Stef De corte*, CEO
smartphoto group NV Kwatrechtsteenweg 160 B- 9230 Wetteren Tel. +32.9.365.99.10 E-mail: [email protected] - Internet: www.smartphotogroup.com
* Fixed representative of Acortis BV
This press release is a free translation of the official Dutch version.
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