AI assistant
Tessenderlo Group nv Director's Dealing 2020
4010_mrq_2020-07-13_0d2635be-77ea-426d-8264-7139a6567006.pdf
Director's Dealing
Open in viewerOpens in your device viewer
PRESS RELEASE Regulated information 1 July 13, 2020, 5:40 pm CET
TESSENDERLO GROUP: PUBLICATION OF A TRANSPARENCY NOTIFICATION (ARTICLE 14, FIRST PARAGRAPH OF THE BELGIAN LAW OF MAY 2, 2007, ON THE DISCLOSURE OF SIGNIFICANT SHAREHOLDINGS)
1. SUMMARY OF THE NOTIFICATION
Tessenderlo Group received a transparency notification on July 9, 2020, indicating that Verbrugge nv, Picanol nv, Symphony Mills nv, Artela nv and Luc Tack were holding 39,870,556 voting rights of the company as at July 9, 2020. Therefore, they have crossed the 65% statutory threshold.
2. THE NOTIFICATION CONTAINS THE FOLLOWING INFORMATION
- Reason for the notification: passive crossing of a threshold
- Notification by: a parent undertaking or a controlling person
- Person(s) subject to the notification requirement: Verbrugge nv, Picanol nv, Symphony Mills nv, Artela nv and Luc Tack
- Transaction date: July 9, 2020
- Crossed threshold: 65%
- Denominator: 61,121,098
- Notified details:
| A. 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 |
|||
| Luc Tack | 0 | 0 | 0.00% | |||||
| Artela nv | 0 | 0 | 0.00% | |||||
| Symphony Mills nv | 3,910,516 | 4,346,200 | 7.11% | |||||
| Picanol nv | 0 | 0 | 0.00% | |||||
| Verbrugge nv | 35,524,356 | 35,524,356 | 58.12% | |||||
| Subtotal | 39,434,872 | 39,870,556 | 0 | 65.23% |
| 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 | Settlement | ||||
| 0 | 0.00% | |||||||||
| Total (A&B) | Voting rights | % of voting rights | ||||||||
| 39,870,556 | 65.23% |
Chain of control:
Luc Tack controls Symphony Mills nv and Artela nv. Artela nv controls Picanol nv. Picanol nv controls Verbrugge nv.
3. VARIOUS
The full text of the transparency notification received by Tessenderlo Group is available on www.tessenderlo.com.
1 The information provided includes regulated information, as defined in the Royal Decree of November 14, 2007, regarding the duties of issuers of financial instruments permitted to trade on regulated markets.
About Tessenderlo Group
Tessenderlo Group is a diversified industrial group that focuses on agriculture, valorizing bio-residuals and providing industrial solutions with a focus on water. The group employs more than 4,700 people, is a leader in most of its markets and recorded a consolidated revenue of 1.7 billion EUR in 2019. 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 [email protected] [email protected]
This press release is available in Dutch and English on the corporate website www.tessenderlo.com.
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.