(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:

  • Reason for the notification:
    Acquisition or disposal of voting securities or voting rights
  • Notification made by:
    A parent undertaking or a controlling person
  • Person(s) subject to the notification requirement:

  • Party disposing of voting rights:
  • Date of transaction:
  • Threshold crossed (in %):
  • Denominator:
  • Details of the notification:

  • Complete chain of controlled companies through which the shareholding is actually held (if applicable):

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.

3. Miscellaneous

This press release can be viewed on the website of Zetes Industries SA via the link:

Contact person(s):
Financial Communications Manager
Sarah Dheedene
T +32 2 728 37 48
E sarah.dheedene@zetes.com