(Article 14, paragraph 1 of the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies)
Brussels, 27 March 2017, 18.00 hrs
1. Summary of the notification
On March 24 2017, Zetes Industries S.A. has received a transparency notification, stating that, following the acquisition of shares on 21 March 2017, MVN Asset Management Limited now holds 3.18% of the company’s voting rights. It has therefore crossed the 3% threshold.
2. Content of the notification
The declaration dated 24 March 2017 contains the following information:
MVN Asset Management Limited (“MVN”) is a UK incorporated asset management company managing the portfolios of a Cayman-based fund (MVN Event Driven Master Fund Limited) and a UK managed account (Maven Investment Partners Ltd) under a discretionary management mandate. The beneficial owners are the underlying clients however MVN is able to exercise control over the voting rights.
Maven Securities Limited is the ultimate parent undertaking of MVN. MVN is directly held (100% ownership) by Maven Securities Holding Limited, a UK incorporated company. MVN has no subsidiaries.
This press release can be viewed on the website of Zetes Industries SA via the link:
Financial Communications Manager
T +32 2 728 37 48