Tessenderlo Group nv — Director's Dealing 2017

Aug 31, 2017

PRESS RELEASE Regulated information ¹ 31 August 2017, 17h40 CET

TESSENDERLO GROUP: PUBLICATION OF TRANSPARENCY NOTIFICATIONS (ARTICLE 14, FIRST PARAGRAPH OF THE BELGIAN LAW OF 2 MAY 2007 ON THE DISCLOSURE OF SIGNIFICANT SHAREHOLDINGS)

1. SUMMARY OF THE NOTIFICATIONS

Tessenderlo Group received a transparency notification on 25 August 2017 from KBC Asset Management nv indicating that it was holding 744,813 or 1.73% of the shares of the company as at 6 June 2017, crossing the threshold of 1%. On 29 August 2017, a transparency notification was received from Janus Henderson Group plc indicating that it was holding 679.312 or 1.58% of the shares of the company as at 6 June 2017. It had therefore also crossed the threshold of 1%.

2. THE NOTIFICATIONS CONTAIN THE FOLLOWING INFORMATION

2.1. NOTIFICATION OF KBC ASSET MANAGEMENT NV

• Reason for the notification: introduction of notification thresholds
• Notification by: a person that notifies alone
• Person(s) subject to the notification requirement: KBC Asset Management nv
• Transaction date: 6 June 2017
• Crossed threshold: 1%
• Denominator: 43,068,884
• Notified details:

Voting rights	Previous notification	After the transaction
Holders of voting	Voting rights	Voting rights linked	Voting	% of voting rights	% of voting rights not
rights		to securities	rights not	linked to securities	linked to securities
			linked to
			securities
KBC Asset		744,813		1.73%
Management nv

The securities with voting rights are owned by a number of funds, which are managed by KBC Asset Management NV. At the general meeting of the issuer, KBC Asset Management NV may, at its sole discretion, exercise the voting rights of these funds.

2.2. NOTIFICATION OF JANUS HENDERSON GROUP PLC

• Reason for the notification: introduction of additional notification thresholds in the articles of association
• Notification by: a parent undertaking or a controlling person
• Person(s) subject to the notification requirement: Janus Henderson Group plc
• Transaction date: 6 June 2017
• Crossed threshold: 1%
• Denominator: 43,068,884
• Notified details:

¹ The information provided includes regulated information, as defined in the Royal Decree of 14 November 2007, regarding the duties of issuers of financial instruments permitted to trade on regulated markets.

Voting rights	Previous notification	After the transaction
Holders of voting rights	Voting rights	Voting rights linked to securities	Voting rights not linked to securities	% of voting rights linked to securities	% of voting rights not linked to securities
Janus Henderson Group plc		0		0%
Henderson Global Investors Limited		541,483		1.26%
AlphaGen Capital Limited		137,829		0.32%
Total		679,312		1.58%

Chain of control:

Janus Henderson Group plc controls Henderson Group Holdings Asset Management Limited, which controls HGI Asset Management Group Limited, which controls Henderson Global Group Limited, which controls Henderson Holdings Group Limited, which controls HGI Group Limited, which controls Henderson Global Investors (Holdings) Limited, which controls AlphaGen Capital Limited and Henderson Global Investors Limited.

3. VARIOUS

The full text of the transparency notifications received by Tessenderlo Group are available on www.tessenderlo.com.

Tessenderlo Group is a diversified industrial group that focuses on agriculture, valorizing bio-residuals and providing industrial solutions. The group employs approximately 4,900 people, is a leader in most of its markets and recorded a consolidated revenue of 1.6 billion EUR in 2016. Tessenderlo Group is listed on Euronext Brussels and is part of Next 150 and BEL Mid indices. Financial News wires: Bloomberg: TESB BB – Reuters: TESB.BR – Datastream: B:Tes

Media Relations	Investor Relations
Frederic Dryhoel	Kurt Dejonckheere
 +32 2 639 19 85	 +32 2 639 18 41
frederic.dryhoel@tessenderlo.com	kurt.dejonckheere@tessenderlo.com

This press release is available in Dutch and English on the corporate website www.tessenderlo.com - under 'News & Media'

Disclaimer

This document may contain forward-looking statements. Such statements reflect the views of management regarding future events at the date of this document. Furthermore, they involve known and unknown risks, uncertainties and other factors that may cause actual results to be different from any results, performance or achievements expressed or implied by such forward-looking statements. Tessenderlo Group provides the information in this press release as at the date of publication and, subject to applicable legislation, does not undertake any obligation to update, clarify or correct any forward-looking statements contained in this press release in light of new information, future events or otherwise. Tessenderlo Group disclaims any liability for statements made or published by third parties (including any employees who are not explicitly mandated by Tessenderlo Group) and, subject to applicable legislation, does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release it issues.