Montea received transparency notifications dated 27 and 28 September respectively which showed the following:
- Federale Participatie- en Investeringsmaatschappij NV (the parent company of Belfius Insurance NV in particular), owing to the fact that it did not subscribe to the recent increase of capital of Montea, now holds 8.7% of the voting rights of Montea through subsidiaries. It has therefore fallen under the 10% holding threshold.
- Vitrufin NV (the parent company of Ethias NV, in particular), by acquiring shares on 26 September 2017, now holds 5.23% of the voting rights of Montea through subsidiaries. It has therefore exceeded the 5% threshold.
Detail of the notifications
a) The notification from Federale Participatie- en Investeringsmaatschappij NV of 27 September 2017 contains the following information:
- Reason for notification: shareholding has fallen below passive threshold
- Notification by a parent company or a controlling company
- Person required to provide notification: Federale Participatie- en Investeringsmaatschappij NV
- Date of transaction: 26 September 2017
- Underrun threshold: 10 %
- Nominator: 11.610.531
- Notification details: Belfius Insurance NV holds 703,417 Montea shares and Belfius Insurance Finance NV holds 313,929 Montea shares
- Chain of controlled companies through which the stake is actually held: Federale Participatie- en Investeringsmaatschappij NV, acting in its own name but for the account of the Belgian State, controls Belfius Bank NV, which is in turn the parent company of Belfius Insurance NV. The latter controls Belfius Insurance Finance NV.
b) The notification from Vitrufin of 28 September 2017 contains the following information:
- Reason for notification: acquisition of shares
- Notification by a parent company or a controlling company
- Person required to provide notification: Vitrufin NV
- Date of transaction: 26 September 2017
- Exceeded threshold: 5 %
- Numerator: 11.610.531
- Notification details: Ethias NV holds 570,922 Montea shares and Ethias Sustainable Investment Fund NV holds 36,208 Montea shares
- Chain of controlled companies through which the stake is actually held: Ethias Sustainable Investment Fund NV is controlled directly by Ethias NV, which is in turn directly controlled by Vitrufin NV
This press release can be consulted on the Montea website via this link www.montea.com/newsroom. The notifications can be consulted on the Montea website via this link www.montea.com/investor-relations/corporate-information.
