Bekaert Reports Significant Transparency Notification Update

Announcement of Transparency Notification
Publication of a transparency notification
(in accordance with the Law of 2 May 2007 on disclosure of major holdings)
Recently, a significant event took place at NV Bekaert SA, marking a key point in our corporate governance. The company crossed the critical threshold of 5%, and this notification serves to inform stakeholders of this important milestone.
Details of the Notification
The reason for this notification is due to the passive crossing of the aforementioned threshold. The notification was made by a parent undertaking or a controlling person, thereby underscoring the importance of compliance with regulatory obligations. Our commitment to transparency is reflected in this disclosure.
Entities Subject to Notification Requirements
Among the entities subject to the notification requirement, two principal parties stand out:
- Stichting Administratiekantoor Bekaert, based in the Netherlands.
- NV Bekaert SA, headquartered in Zwevegem.
This notice describes the current structure of voting rights and highlights the interests of shareholders.
Thresholds and Voting Rights
The specific date on which the threshold was crossed is noteworthy. This milestone occurred recently, and it is essential in understanding shareholder dynamics. The following details summarize the current voting rights situation:
- Threshold crossed: 5%
- Denominator: 51,839,461
Holder of Voting Rights and Their Share
The breakdown of voting rights is centered around the holders of these rights:
- Stichting Administratiekantoor Bekaert holds 17,558,786 voting rights, representing approximately 33.87% of the total.
- NV Bekaert SA holds 2,639,879 voting rights, which equates to 3.45%.
Together, these entities account for a total of 20,198,665 voting rights out of a cumulative 51,839,461, illustrating a total reach of 37.32%. This data is crucial for understanding the ownership landscape of NV Bekaert SA.
About Bekaert
Bekaert is dedicated to advancing technology and sustainable practices. With a mission to become a leading global partner in innovation and sustainability, the company has established itself as a market leader in the transformation and coating of steel wire. Bekaert’s expertise extends beyond traditional materials, pioneering solutions in sectors such as sustainable construction and energy transition. With its foundation dating back to 1880, and headquarters in Belgium, Bekaert employs around 21,000 individuals worldwide and reports a remarkable €4.0 billion in consolidated sales.
Frequently Asked Questions
What does the transparency notification signify?
The transparency notification reflects a crossing of a major threshold in voting rights, demonstrating compliance and stakeholder communication.
Who are the main entities involved in this notification?
The primary entities involved are Stichting Administratiekantoor Bekaert and NV Bekaert SA, which are subject to the notification requirements.
What percentage of voting rights does Stichting Administratiekantoor Bekaert hold?
Stichting Administratiekantoor Bekaert holds approximately 33.87% of the voting rights, highlighting significant control within the governance of NV Bekaert SA.
How many voting rights does NV Bekaert SA possess?
NV Bekaert SA holds 2,639,879 voting rights, accounting for 3.45% of the total.
What is Bekaert’s overall mission?
Bekaert aims to become a leading partner in technology, focusing on innovation, sustainability, and shaping the future of mobility and construction.
About The Author
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