Major Shareholding Notification • Apr 23, 2025
Major Shareholding Notification
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Brussels, 23 April 2025, 08:30 CEST - Titan Cement International SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) today announces that it has received the following transparency notification dated April 16, 2025, indicating that on April 16, 2025, Titan Cement International SA crossed downwards the 5% threshold.
The notification contains the following information:
| Reason for the notification | • Acquisition or disposal of voting securities or voting rights • Downward crossing of the lowest threshold |
||
|---|---|---|---|
| Notification by | A parent undertaking or a controlling person | ||
| Persons subject to the notification requirement |
• Titan Cement Company S.A., with registered offices at 22A Halkidos Street, Athens, 11143 Greece • Titan Cement International SA, with registered offices at Square de Meeûs 37, Office 501, 4th floor 1000 Brussels, Belgium |
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| Transaction date | 16 April 2025 | ||
| Threshold that is crossed | 5% | ||
| Denominator | 78,325,475 | ||
| Chain of controlled undertakings through which the holding is effectively held |
Titan Cement International SA controls Titan Cement Company S.A. Titan Cement International SA is not a controlled entity. |
||
| Additional Information | Following the transfer of own shares to executives in the framework of the remuneration policy, Titan Cement International SA crossed downwards the 5% threshold. The transfer was made in accordance with article 15(3) of the Articles of Association of Titan Cement International SA. |
| A) Voting rights | Previous notification | After the transaction | |
|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | |
| Holders of voting rights | Linked to securities | Linked to securities | |
| Titan Cement Company S.A. | 2,553,410 | 2,544,409 | 3.25% |
| Titan Cement International SA | 1,363,018 | 1,172,073 | 1.50% |
| Subtotal | 3,916,428 | 3,716,482 | 4.74% |
| Total | 3,716,482 | 4.74% |

TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs over 5,700 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The company is listed on Euronext and the Athens Exchange. For more information, visit our website at www.titan-cement.com.
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