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D'Ieteren Group Major Shareholding Notification 2024
3937_mrq_2024-10-17_c457f0d2-deb0-48a2-af43-dd23c95bc96d.pdf
Major Shareholding Notification
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Thursday 17 October 2024 – 5:45pm CET
Publication of a Transparency Notification (article 14, paragraph 1 of the Law of 2 May 2007 on the disclosure of major shareholdings)
Summary of the notification
D'Ieteren Group has received a transparency notification dated October 11, 2024, from which it appears that, following a contribution in kind of 3,750,000 profit shares by Mr Nicolas D'Ieteren to Nayarit Participations SA, the latter has crossed the threshold of 35% of D'Ieteren Group's voting rights. In addition, following the acquisition by SPDG SA of the 1,883,375 shares held by its subsidiary Reptid Commercial Corporation, the latter was withdrawn from the agreement to act in concert.
Content of the notification
The notification dated 11 October 2024 contains the following information :
- Reason for the notification: acquisition of voting securities, crossing of a threshold by persons acting in concert, terminating of an agreement to act in concert.
- Notification by: persons acting in concert and a controlling company.
- Persons subject to the notification requirement: Nayarit Participations SA, Nicolas D'Ieteren, SPDG SA, Reptid Commercial Corporation, Catheline D'Ieteren.
- Transaction date: 07.10.2024
- Crossed Treshold (in %): 35%
- Denominator: 58,708,999
- Details of the notification:
| 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 |
|
| Nicolas D'Ieteren | 3,760,000 | 10,000 | 0.02% | ||
| Nayarit Participations SA | 17,684,020 | 21,434,020 | 36.51% | ||
| Subtotal | 21,444,020 | 21,444,020 | 36.53% | ||
| Catheline D'Ieteren | 0 | 0 | 0.00% | ||
| SPDG SA | 13,990,605 | 15,895,480 | 27.08% | ||
| Reptid Commercial Corporation | 1,904,875 | 0 | 0.00% | ||
| Subtotal | 15,895,480 | 15,895,480 | 27.08% | ||
| TOTAL | 37,339,500 | 0 | 63.60% | 0.00% |
PRESS RELEASE: TRANSPARENCY NOTIFICATION
REGULATED INFORMATION
Thursday 17 October 2024 – 5:45pm CET
- Full chain of controlled undertakings through which the holding is effectively held, if applicable : Mrs Catheline D'Ieteren controls SPDG SA. She holds the majority of her shares in usufruct to which the voting rights are attached. Mr Olivier Périer, the son of Mrs Catheline D'Ieteren, holds the majority of his shares in bare ownership. Mr Nicolas D'Ieteren controls Nayarit Participations SA.
- Additional information : this declaration follows the contribution in kind of 3,750,000 profit shares held by Mr Nicolas D'Ieteren to Nayarit Participations SA, resulting in Nayarit Participations SA crossing the 35% threshold. In addition, on 7 October 2024, SPDG SA acquired the 1,883,375 shares held by its subsidiary Reptid Commercial Corporation, leading to Reptid Commercial Corporation's withdrawal from the action in concert.
Other
Transparency notifications must be addressed to:
D'Ieteren Group Financial Communication (Stéphanie Voisin) Rue du Mail 50 1050 Brussels [email protected]
Information on shareholding structure and transparency can be consulted on the company's website: https://www.dieterengroup.com/shareholding-structure/
End of press release
PRESS RELEASE: REPURCHASE AND DISPOSAL OF OWN SHARES
REGULATED INFORMATION
Wednesday 16 October 2024 – 5:45pm CET
D'Ieteren Group profile
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights): worldwide leader in vehicle glass repair, replacement and recalibration.
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services.
- PHE (100% in economic rights) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain.
- TVH (40% owned): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment.
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform.
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.
Financial Calendar
Last five press releases
(with the exception of press releases related to the repurchase or sale of own shares) Next events
| 2 October 2024 | Belron announces successful pricing & allocation of its new financing |
10 March 2025 | Full-Year 2024 results |
|---|---|---|---|
| 30 September 2024 | Belron offers Senior Secured Notes | 14 May 2025 | 2025 Investor Day |
| 23 September 2024 | Belron launches new loan | ||
| 9 September 2024 | Family shareholding reorganisation and extraordinary dividend |
||
| 9 September 2024 | Half-Year 2024 results |
Contacts
Francis Deprez, Chief Executive Officer Edouard Janssen, Chief Financial Officer
Stéphanie Voisin, Investor Relations - Tel: +32 (0)2 536.54.39 Bram Geeroms, Investor Relations – Tel: +32 (0)2 260.29.16 E-mail: [email protected] – Website: www.dieterengroup.com