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Quest for Growth NV Major Shareholding Notification 2012

May 22, 2012

3991_mrq_2012-05-22_d289d1e5-b35e-44eb-b7e5-dd8ea76ab2a7.pdf

Major Shareholding Notification

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Regulated information. This press release contains information subject to the transparency requirements imposed on listed companies.

Press release Leuven / 22 May 2012 / 5.40 PM

Schedule for publication on 22 May 2012: 5.40 PM press release available at www.questforgrowth.com

QUEST FOR GROWTH

Privak, fixed capital investment company established under Belgian Law

Notification of major holdings according to the requirements of the Law of 2 May 2007

For further information: CAPRICORN VENTURE PARTNERS NV Mr. Marc Pauwels – Fund Administrator Phone: +32 (0)16 28 41 28 Fax: +32 (0)16 28 41 29 Or: [email protected]

According to the obligation imposed by article 14 of the Law of 2 May 2007 regarding the notification of major holdings in quoted companies, Quest for Growth publishes the content of the following notification received:

    1. Date of the notification: 16 May 2012
    1. Date on which the threshold is crossed: 8 May 2012
    1. Reason for the notification: An acquisition or disposal of voting securities or voting rights
    1. Threshold that is crossed: 15 %
    1. Notification by (a parent undertaking or a controlling person):
Financial & Investment Management Group, Ltd. 111 Cass Street, Traverse City, Michigan 49684, USA
Paul H. Sutherland, President and sole
shareholder of Financial & Investment
Management Group, Ltd.
111 Cass Street, Traverse City, Michigan 49684, USA
  1. Denominator: 11,529,950

Press release Leuven / 22 May 2012 / 5.40 PM

A) Voting rights Previous notification After the transaction
# voting rights # voting rights % voting rights
Holders of voting rights Linked to
securities
Not linked to
the
securities
Linked to
securities
Not linked
to the
securities
Financial & Investment
Management Group, Ltd.
1.622.991 1.734.324 0 15.04% 0.00%
Paul H. Sutherland 0 0 0 0,00% 0,00%
Subtotaal 1.622.991 1.734.324 0 15,04% 0,00%
TOTAL 1.734.324 0 15.04% 0.00%

7. Voting rights and equivalent financial instruments:

  1. Chain of controlled undertakings through which the holding is effectively held:

9. Additional information:

All shares are held by FIM Group clients with beneficial ownership in their name. FIM Group is the investment advisor of record for these accounts and has proxy voting authority for these accounts. Paul H. Sutherland controls Financial & Investment Management Group.

Financial & Investment Management Group, Ltd. exercises the voting rights at its discretion in the absence of specific instructions.

Notifications of major holdings according to the requirements of the Law of 2 May 2007 can be sent to [email protected]

This notification is published on www.questforgrowth.com in the section "Shareholders info".