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Greenyard NV — Director's Dealing 2022
Sep 13, 2022
3957_mrq_2022-09-13_1fa3a159-e48c-426d-9b70-e9e98e88df98.pdf
Director's Dealing
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Publication transparency notification in accordance with the Act of 2 May 2007
Sint-Katelijne-Waver, Belgium, 13 September 2022
Pursuant to the Belgian Act of 2 May 2007 on the disclosure of major shareholdings in issuers whose shares are admitted to trading on a regulated market, Greenyard received a transparency notification dated 8 September 2022.
The notification indicates that Agri Investment Fund BV, a 100% subsidiary of Maatschappij voor Roerend Bezit van de Boerenbond BV, as a result of the acquisition of shares of the company, now holds 4.7% of the voting rights of the company, and thus exceeds the statutory notification threshold of 3%.
In addition, the company received a transparency notification dated 13 September 2022, which indicates that, as a result of a share transfer, Deprez Holding NV and Food Invest International NV, which companies are controlled by Mr. Hein Deprez, together hold 41.32% of the company's voting rights (taking into account the 1,843,854 treasury shares, representing 3.58%), and therefore fall below the statutory notification threshold of 45%.
The notifications contain the following information:
Transparency notification - Deprez Holding NV & Food Invest International NV
- 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: Mr. Hein Deprez, Deprez Holding NV, Food Invest International NV (such companies are both controlled by Mr. Hein Deprez) and Greenyard NV
- Threshold that is crossed: 45%
- Denominator: 51,515,443
- Total number of voting rights attached to securities after the transaction: 21,285,702, or 41.32%
- Deprez Holding NV & Food Invest International NV have a call option on the 2,419,579 shares or the shares which Agri Investment Funds BV holds at the moment of exercise of the call option, until 9 September 2023
- Additional information: pursuant to an agreement entered into between Deprez Holding NV, Food Invest International NV and its lenders, Agri Investment Fund BV has acquired ownership of Greenyard NV shares as a result of a pledge conversion. An arrangement has been concluded between Deprez Holding NV, Food Invest International NV and Agri Investment Fund BV providing for a three months' lock-up period (with start date on 9 September 2022) and a call option on these shares for one year (with start date on 9 September 2022).
Transparency notification - Agri Investment Fund BV
- 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: Stichting Jacob-Ferdinand Mellaerts, which controls 76.76% of Maatschappij voor Roerend Bezit van de Boerenbond BV, which in its turn controls 100% of Agri Investment Fund BV
- Threshold that is crossed: 3%
- Denominator: 51,515,443
- Total number of voting rights attached to securities after the transaction: 2,419,579, or 4.70%
- Additional information: pledge settlement for the remaining receivable following the sale of Agri Investment Fund BV's participating interest to Deprez Holding NV and Food Invest International NV in 2017.
The full transparency notifications are also available on the Greenyard website under the heading Investor Relations.
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Greenyard Contact
Cedric Pauwels, Group Communications Director T + 32 15 32 42 00 [email protected]
Dennis Duinslaeger, Investor Relations & Treasury Director T +32 15 32 42 00 [email protected]
About Greenyard
Greenyard (Euronext Brussels: GREEN) is a global market leader in fresh, frozen, and prepared fruit and vegetables, flowers and plants. Counting Europe's leading retailers amongst its customer base, Greenyard offers efficient and sustainable solutions to customers and suppliers through best-in-class products, market leading innovation, operational excellence and outstanding service.
Its vision is to make lives healthier by helping people enjoy fruit and vegetables at any moment, easy, fast and pleasurable, while fostering nature. With approx. 9.000 employees operating in 19 countries worldwide, Greenyard identifies its people, and customer and supplier relationships, as the key assets which enable it to deliver goods and services worth approx. € 4,4 billion per annum.