Publication of a transparency notification received by KBC Ancora SCA
KBC Ancora CV...-0.56%
Regulated information, Leuven, 13 July 2017
Publication of a transparency notification received by KBC Ancora SCA
(Section14, first subsection, of the Act of 2 May 2007 on disclosure of major holdings)
Summary of the notification
KBC Ancora has received a transparency notification dated 2 August 2017 indicating that Parvus Asset Management Europe Limited, controlled by Mr Edoardo Mercadante, by virtue of acquisition or transfer of shares, has downwardly crossed the notification threshold of 1%.
Content of the notification
| Reason for the notification | Acquisition or transfer of voting rights or securities conferring a voting right - Downward crossing of the lowest threshold (1%) |
| Notification by | A parent undertaking or a controlling person |
| Person subject to the notification requirement | Parvus Asset Management Europe Limited - UK Private Limited company/Edoardo Mercadante |
| Transaction date | 29 June 2017 |
| Threshold that has been crossed | 1% (downwards) In addition to the thresholds of 5% and any multiple thereof, the statutory thresholds of 1% and 3% also apply for KBC Ancora |
| Denominator | 78,301,314 |
| Chain of controlled undertakings | Parvus Asset Management Europe Limited is appointed investment manager to several funds, which in aggregate hold the voting rights disclosed above. Parvus Asset Management Europe Limited is able to exercise the voting rights at its discretion towards its clients. Mr. Edoardo Mercadante is the controller of Parvus Asset Management Europe Limited and can therefore influence the decision of the firm on how to exercise the voting rights |
Miscellaneous
This press release and the accompanying notification and other notifications may be consulted on the website of KBC Ancora, www.kbcancora.be, under 'Shareholders'/'Transparency reports'
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KBC Ancora is a listed company which holds 18.5% of the shares in KBC Group and which together with Cera, MRBB and the Other Permanent Shareholders is responsible for the shareholder stability and further development of the KBC group. As core shareholders of KBC Group, these parties have signed a shareholder agreement to this effect.
This press release is available in Dutch, French and English on the website www.kbcancora.be.
KBC Ancora Investor Relations & Press contact: Jan Bergmans / Luc De Bolle
Tel.: +32 (0)16 279672 / +32 (0)16 279660
e-mail: jan.bergmans@kbcancora.be / luc.ldb.debolle@kbcancora.be
e-mail (general enquiries): mailbox@kbcancora.be
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KBC Ancora via Globenewswire
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