Major Shareholding Notification • Mar 7, 2025
Major Shareholding Notification
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Press release Regulated information March 7, 2025 – 6.00 PM
In accordance with the Law of 2 May, 2007 on the disclosure of major shareholdings in listed companies, Qrf publishes this transparency notification. Qrf has received the transparency notification on March 5, 2025 showing that the voting rights of Quintet Private Bank (Europe) S.A., shareholder of Qrf NV, fell below the threshold of 5% of the total existing voting rights as of September 22, 2023.
The declaration contains the following information:
» Reason for the declaration: acquisition or transfer of voting securities or voting rights; falling below the lowest threshold
» Notification by a parent undertaking or a controlling person
» Persons subject to the notification requirement: Quintet Private Bank (Europe) S.A., Precision Capital LLC, HE Sheikh bin Hamad bin Jassim bin Jabr AL-THANI
» Details of the notification: Quintet Private Bank previously held 550,579 voting rights (i.e. 7.06%) and, as of the transaction date, has fallen below the threshold of 5% of total existing voting rights.
» Chain of controlled undertakings: Securities are held through accounts at the Belgium branch of Quintet Private Bank (Europe) S.A, Puilaetco. Quintet Private Bank (Europe) S.A. is owned for 99.9% by Precision Capital LLC, a financial holding company incorporated in Qatar and registered under the Qatar Financial Centre, registration number 01455. The Chairman of the Board of Directors and 100% owner of Precision Capital LLC is HE Sheikh Bin Hamad Bin Jassim Bin Jabr AL-THANI, who resides in Doha and has gone through the regular Fit & Proper process for governance control by the Luxembourgish regulator CSSF.
» Related information: Following a decision from the shareholder, it has been decided to concentrate the activity of the financial holding in Qatar. At his effect, Pioneer Holding S.A. registered in Luxembourg has been dissolute, and Precision Capital S.A. established initially in Luxembourg is now registered under the name of Precision Capital LLC in Qatar, which is the domiciliated country of the shareholder HE Sheikh Bin Hamad Bin Jassim Bin Jabr AL-THANI. Quintet Private Bank (Europe) S.A. is still registered in the Grand Duchy of Luxembourg, and remains under the authority of the Luxembourgish CSSF.
The notification as received is available on the Qrf website (https://qrf.be/shareholder-structure/?lang=en).
William Vanmoerkerke CEO [email protected] +32 9 296 21 63
Qrf is a listed Belgian REIT (BE-REIT) specializing in the niche market of inner-city properties in Belgium. More specifically, the company focuses on the acquisition, development and leasing of retail, leasure and hotel real estate. On 31 December, 2024, the portfolio consists of 25 shopping sites with a total Fair Value of MEUR 220. Qrf has been listed on Euronext Brussels (QRF:BB) since December 2013. On December 31, 2024, the market capitalization is MEUR 80.72.
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