ABO-Group Environment NV — Major Shareholding Notification 2021

Apr 23, 2021

ABO-Group Environment nv

Ghent, April 23 18.30 CET, 2021 - Press release / Regulated Information

Disclosure about a transparency notification

(Article 14, first paragraph, of the Act of 2 May 2007 on disclosure of significant holdings)

1. Summary of the notification

ABO-Group Environment nv has received a transparency notification dated 23 April 2021, from which it can be noted that as a result of the sale of shares on 19 April 2021, Frank De Palmenaer now owns 89.97% of the voting rights of the company. He has thus breached the 90% shareholding threshold.

This sale of shares by Frank De Palmenaer aims to increase the liquidity of the ABO-Group share to meet the admission conditions of Euronext Paris. Indeed, ABO-Group has notified its application for dual listing on Euronext Brussels-Paris on 26 March 2021.

2. Content of the notification

The notification dated 23 April 2021 contains the following information:

• Reason for the notification

Acquisition or disposal of voting shares or voting rights.

• Notification by:

A supervising person.

• Persons subject to the notification requirement:

Frank De Palmenaer & IDEPLUS NV (Derbystraat 357, 9051 Ghent (SDW))

• Date on which the threshold is crossed:

19 april 2021.

• Uncrossed threshold (in %):

90%.

• Denominator:

10.568.735.

• Details of the notification:

A) Voting rights	Previous notification			After the transaction
	#voting rights	Voting rights		% voting rights
Holders of		Related to	Separate	Related to	Separate
voting right		shares	from the	shares	from the
			shares		shares
Frank De Palmenaer	2.444.420.898	9.124.667		86,34 %
Ideplus NV		383.890		3,63%
	Total	9.508.557	0	89,97%	0,00%

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# voting rights that may be acquired upon exercise of the instrument	% voting rights	Settlement
	Total
				0	0,00%

TOTAL (A & B)	#voting rights	% voting rights
	9.508.557	89,97%

• Full chain of controlled companies through which the shareholding is effectively held:

Mr. De Palmenaer is controlling shareholder of Ideplus NV.

3. Varia

• This press release can be consulted on the website of ABO-Group Environment nv via this link: https://www.abo-group.eu/investeerders/
• Contact:

ABO-Group Environment NV Frank De Palmenaer CEO ABO-Group Environment NV frank.depalmenaer@abo-group.eu T +32 (0)9 242 88 22

• About ABO-Group Environment:
• ABO-Group is a specialised engineering company focused on geotechnical engineering, the environment and soil remediation. Through its consultancy and testing & monitoring departments, ABO-Group is active in Belgium, the Netherlands and France, as well as internationally. ABO-Group guarantees its customers a sustainable solution. For a more detailed description of the operations of the group, please consult the ABO-Group website (www.abo-group.eu).