Understanding Ontex Group NV and Shareholding Disclosure
In light of certain legal requirements regarding significant shareholding disclosures, Ontex Group NV has made important announcements that reflect its ongoing commitment to transparency. This is particularly in line with the regulations outlined in the Belgian law regarding shareholdings in listed enterprises.
Recent Shareholding Developments
Recently, Ontex Group NV received significant notifications regarding shareholdings from the Goldman Sachs Group, Inc. These disclosures were made public according to Article 14 of the Belgian Law of May 2, 2007. It is vital for shareholders and potential investors to keep abreast of these developments.
New Threshold Notifications
On a specific date, the Goldman Sachs Group reported holding approximately 2,559,642 voting rights or equivalent financial instruments in Ontex, which constituted about 3.11% of the total voting rights. Following this, another report indicated a reduction in shares to 2,384,086, which signifies a 2.90% holding. This fluctuation no longer maintained the holding requirement of more than 3.0%.
Company Overview: What is Ontex?
Ontex is a prominent player in the global production of various personal care products encompassing baby care, feminine care, and adult care. The company's prowess spans retailer brands as well as healthcare brands across both Europe and North America.
Global Presence and Employment
The company employs around 5,500 individuals across 12 different countries, excluding any discontinued operations. Their innovative product range is not only present in these markets but also extends to approximately 100 countries worldwide, demonstrating their vast distribution network and commitment to quality.
Engaging with Ontex: Contact Information
Ontex values communication with its investors and the media, making it easy to connect with relevant departments for inquiries. The company encourages stakeholders to reach out to its investor relations team or media contacts for any questions related to financial disclosures or corporate communications.
Investor and Media Contacts
For investors, Geoffroy Raskin is the point of contact at +32 53 33 37 30. For media inquiries, Catherine Weyne can be reached at +32 53 33 36 22. Email inquiries can also be directed to their respective departments for both investor and media relations via emails listed previously.
Concluding Insights on Ontex Group
Ontex Group NV continues to strengthen its position in the market while adhering to strict disclosure requirements. Their commitment to transparency is commendable, creating a trustworthy environment for both current and potential investors.
Keeping Updated with Ontex
Investors and stakeholders are encouraged to visit Ontex’s official website for the latest news, company updates, and additional insights into their operations and product offerings. Staying informed is essential for making educated investment decisions.
Frequently Asked Questions
What is the significant shareholding law concerning Ontex?
The significant shareholding law requires companies to disclose substantial changes in shareholdings to promote transparency among public investors.
Who is the contact person for investor inquiries at Ontex?
Geoffroy Raskin is the designated contact person for investor inquiries at Ontex.
What products does Ontex focus on?
Ontex primarily develops and manufactures products related to baby care, feminine care, and adult care.
How many countries does Ontex operate in?
Ontex operates in around 12 countries and distributes its products to approximately 100 countries globally.
How can stakeholders keep updated on Ontex’s news?
Stakeholders can stay informed by visiting Ontex's official website and following their latest updates regarding corporate activities.
