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Belysse Group NV

Major Shareholding Notification Apr 17, 2025

3918_mrq_2025-04-17_bbd0b364-6c25-4d15-9b61-3229f9612ab3.pdf

Major Shareholding Notification

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PRESS RELEASE

Waregem, 17 April 2025, 5:45 p.m. 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

Belysse Group NV, listed on Euronext Brussels (the "Company"), has received a transparency notification dated 14 April 2025. This transparency notification indicates that on 10 April 2025 the total holding of DUMAC, Inc. in voting rights of the Company, fell below the threshold of 5%.

The aforesaid notification dated 14 April 2025 contains the following information:

Reason for the notification:

  • o Acquisition or disposal of financial instruments that are treated as voting securities
  • o Downward crossing of the lowest threshold
  • Notification by: A person that notifies alone
  • Persons subject to the notification requirement: DUMAC, Inc., 280 S Mangum St Suite 210, Durham, NC 27701-3675
  • Transaction date: 10 April 2025
  • Threshold that is crossed (in %): 5%
  • Denominator: 35,943,396
  • Notified details: The holding has fallen below the lowest threshold.
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
DUMAC, Inc. 1,862,754 1,783,997 4.96%
TOTAL 1,783,997 4.96%
B) Equivalent financial
instruments
After the transaction
Holders of equivalent
financial instruments
Type of
financial
instrument
Expiration
date
Exercise
period or
date
# of voting rights that
may be acquired if the
instrument is exercised
% of
voting
rights
Settlemen
t
TOTAL
  • Chain of controlled undertakings through which the holding is effectively held: DUMAC, Inc. is not a controlled entity.
  • Additional information: DUMAC, Inc. is the manager of a commingled US investment vehicle, Blackwell Partners LLC – Series A , a registered series of Blackwell Partners LLC, and can exercise the voting rights at its discretion in the absence of specific instructions. On 10 April 2025, DUMAC, Inc. sold 78,757 shares in Belysse Group NV, as a result of which its shareholding decreased to 1,783,997 shares (= 4.96%, denominator = 35,943,396).

Miscellaneous

This press release may be consulted on the website of the Company via the link www.belysse.com/investors.

FOR FURTHER INFORMATION, PLEASE CONTACT

[email protected] www.belysse.com

ABOUT BELYSSE

Belysse manufactures sustainable textile floor coverings for commercial and residential applications and commercialises its products focusing 90% on North-America and Europe under the premium brands Bentley (US), modulyss, arc edition and ITC (Europe). Headquartered in Waregem (Belgium), Belysse employs nearly 1000 people and operates three manufacturing sites in Belgium (Tielt and Zele) and the United States (Los Angeles). Belysse realised sales of 280 million euros in 2024 and is listed on Euronext. (Euronext: BELYS).

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