(Article 14, paragraph 1 of the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies)
Brussels, May 2nd 2017, 18.00 hrs
1. Summary of the notification
On April 27 2017, Zetes Industries S.A. received a transparency notification, stating that, following a sale of shares dated April 27, 2017, Vedipar SA, Cobepa SA and Alain Wirtz no longer hold voting shares in the company. In this way they have crossed downwards the 3% holding threshold.
2. Content of the notification
The declaration dated 27 April 2017 contains the following information:
- Reason for the notification:
-Termination of an agreement to act in concert
-Downward crossing of the lowest threshold
-Acquisition or disposal of voting securities or voting rights
- Notification made by:
-A parent undertaking or a controlling person
-Persons acting in concert
- Person(s) subject to the notification requirement
- Party disposing of voting rights:
- Date of transaction:
- Threshold crossed (in %):
- Details of the notification:
- Complete chain of controlled companies through which the shareholding is actually held (if applicable)
1/ VEDIPAR SA controls 100% de VEDIHOLD SA, which controls 55. 58% of COBEHOLD SA, which controls, directly or indirectly, 100% of COBEPA SA. We are informed that no one shareholder holds more than 20% of VEDIPAR SA.
2/ ZEPHIR CORPORATION SA was 50% held by Alain Wirtz until April 27, 2017. At that date, PANASONIC HOLDINGS (NETHERLANDS) B.V., a subsidiary of PANASONIC CORPORATION, acquired 100% of the shares of ZEPHIR CORPORATION SA.
This press release can be viewed on the website of Zetes Industries SA via the link http://investors.zetes.com/regulated-communications.
Financial Communications Manager
T +32 2 728 37 48 .
4. About Zetes
Zetes is an international corporation specialising in the provision of identification and mobility solutions. By using the latest technologies, Zetes enables its customers improve the speed and quality of their process execution and increase data accuracy, which in turn helps them to remain at the forefront of their industries. That's what makes Zetes both a pioneer and a market leader at the same time.
The Zetes Group is based in Brussels and has more than 1100 employees in 21 countries across EMEA. In 2016, its turnover was €253.4 million. More information: www.zetes.com