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Belysse Group NV Major Shareholding Notification 2020
3918_mrq_2020-11-09_7e907d2d-511e-4f93-8892-618fbe47db9f.pdf
Major Shareholding Notification
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Sint-Baafs-Vijve, 9 November 2020, 5.40pm CET Regulated information For immediate publication
Publication of a transparency notification
Disclosure made pursuant to the Law of 2 May 2007 on the disclosure of significant shareholdings
Balta Group NV, listed on Euronext Brussels (the "Company"), has received a transparency notification dated 6 November 2020. This transparency notification indicates that Farringdon Capital Management now holds, as from 4 November 2020, 5.02% of the voting rights of the Company. Farringdon Capital Management has therefore crossed the threshold of 5%.
The aforesaid notification dated 6 November 2020 contains the following information:
- Reason for the notification: Acquisition or disposal of voting securities or voting rights
- Notification by: A parent undertaking or a controlling person
- Persons subject to the notification requirement:
- Bram Cornelisse
- Farringdon Capital Management, Jan Luijkenstraat 5, 1071 CJ, Amsterdam (The Netherlands)
- Transaction date: 4 November 2020
- Threshold that is crossed (in %): 5%
- Denominator: 35,943,396
- Notified details:
| A) Voting rights | Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to securities |
Not linked to the securities |
Linked to securities |
Not linked to the securities |
|
| Bram Cornelisse | 0 | 0 | 0.00% | ||
| Farringdon Capital Management |
1,804,095 | 0 | 5.02% | ||
| TOTAL | 1,804,095 | 0 | 5.02% | 0.00% |
- Chain of controlled undertakings through which the holding is effectively held: Bram Cornelisse is 100% owner of Farringdon Capital Management.
- Additional information: Farringdon Capital Management is the investment manager that can exercise the voting rights at its discretion in the absence of specific instructions.
Miscellaneous
This press release may be consulted on the website of the Company via the link www.baltainvestors.com
For further information, please contact:
Maarten Van Hoecke Corporate Finance & Investor Relations Director [email protected]
About Balta
Balta is a leading manufacturer of textile floor coverings, selling to over 130 countries worldwide. The Balta divisions are Balta Rugs (Balta home), Balta Residential Carpets & Tiles (under the brands Balta carpets, ITC and Balta carpet tiles), Balta Commercial Carpets & Tiles (under the brands modulyss, arc edition and Bentley), and Balta Non-Woven (under the brand Captiqs). With the addition of Bentley, Balta employs nearly 4,000 people in 10 manufacturing sites and distribution centres in Belgium, Turkey and the United States.