KBC Group: Publication of transparency notification(s)

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
36
KBC Group: Publication of transparency notification(s) received by KBC Group NV

Press release Outside trading hours - Regulated information*

Brussels, 27 June 2018, 08 h CEST

Publication of transparency notification(s) received by KBC Group NV

(art. 14, 1 st section of the Act of 2 May 2007 concerning the disclosure of significant participations)    

Summary of the notification(s)

KBC Group NV has received a transparency notification dd. 25 June 2018, which states that BlackRock Inc. has crossed the reporting threshold of 5% (voting rights, excluding equivalent financial instruments) downwards. 

Content of the notification(s)

The notification(s) contain(s) following information:

  • Reason for the notification(s): acquisition or disposal of voting securities or voting rights
  • Notification(s) by: BlackRock Inc.
  • Persons subject to the notification requirement: see annex 1
  • Date(s) on which the threshold is crossed: 22 June 2018
  • Threshold that is crossed: 5%

(KBC Group's Articles of Association set a notification threshold of 3% of the total number of voting rights. In addition, the legal thresholds of 5% or any multiple thereof also apply)

  • Denominator (number of shares KBC Group NV): 418 597 567
  • Notified details: see annex 1
  • Chain of controlled undertakings through which the holding is effectively held: See "11: Full chain of controlled undertakings through which the holding is effectively held" in the PDF-file on www.kbc.com (see below).
  • The relevant notification(s) is (are) available at www.kbc.com > Investor relations > Shareholder information > Shareholder structure.

Full press release attached.

Attachment

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

AllianceBernstein Fund Distribution Rates for Investors

Updated Category News Views 390

AllianceBernstein Fund Distribution Overview The AllianceBernstein Closed-End Funds have recently announced their latest distribution rates for investors, marking an important aspect for shareholders and prospective investors in the funds. These distributions reflect the commitment of AllianceBernstein in providing returns to investors while managing the financial assets...

Continue Reading
Roth vs Traditional IRA: Key Considerations for Retirees

Updated Category News Views 8

Rooting Through the Retirement Maze Retirement plans often feel like threading a needle while riding a rollercoaster. Ain't straightforward, but crucial to secure your financial future. In this muddled world, Paula Fox Derwick, an old hand and savvy financial planner from Olean, NY, breaks down Roth and Traditional IRAs—a tale of taxes and timing that could shape your...

Continue Reading
Emerging Trends in Sleepwear and Loungewear Market Growth

Updated Category News Views 361

Understanding Growth in the Sleepwear and Loungewear Market The sleepwear and loungewear market is witnessing remarkable growth, projected to expand by USD 36.46 billion in the coming years. This increase is driven by a rising consumer demand for designer and premium options as lifestyles evolve towards comfort and luxury. Market Dynamics and Influencers One of the...

Continue Reading
Textron (TXT) Earnings: Navigating Challenges Towards 2025

Updated Category News Views 263

Textron (TXT) Reports Q3 Earnings Textron Inc. (NYSE: TXT), a diversified multi-industry company, recently shared its financial results for the third quarter of 2024. Despite experiencing various operational challenges, the company noted a modest revenue increase to $3.4 billion, surpassing $3.3 billion recorded in the same quarter last year. However, adjusted income from...

Continue Reading
Tesla Surges Again as Wall Street Remains Cautious Amidst Crypto Shifts

Updated Category News Views 125

Current Market Overview Wall Street opened the week with a sense of caution, characterized by minimal movement in major indices following Friday's technology-heavy sell-off that evoked little reaction from dip buyers. Investors are carefully navigating the market as they anticipate a busy economic calendar this week. Key Economic Reports on the Horizon Attention is locked...

Continue Reading