Brussels, 12 July 2017, 18.00 hrs
1. Summary of the notification
On June 23rd 2017, Zetes Industries S.A. received a transparency notification, stating that, following a sale of shares dated June 22nd, 2017, MVN Asset Management Limited 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 23rd of June 2017 contains the following information:
- Reason for the notification:
Acquisition or disposal of voting securities or voting rights
Downward crossing of the lowest threshold
- Notification made by: A parent undertaking or a controlling person
- Person(s) subject to the notification requirement:
- Party disposing of voting rights: Not applicable
- Date of transaction: 22/06/2017
- Threshold crossed (in %): 3%
- Denominator: 5.389.714
- 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. »
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