Ghent, 18th of Augusts 18.30 CET, 2022 - Press release / Regulated Information
Disclosure about a transparency notification
(Article 14, first paragraph, of the Act of 2 May 2007 on disclosure of significant holdings)
1. Summary of the notification
ABO-Group Environment nv has received a transparency notification dated 17th of August 2022, from which it can be noted that as a result of the sale of shares on 12th of August 2022, Frank De Palmenaer now owns 90,19% of the voting rights of the company. He has thus exceeded the 90% shareholding threshold.
2. Content of the notification
The notification dated 17th of August 2022 contains the following information:
- Reason for the notification
Acquisition or disposal of voting shares or voting rights.
- Notification by:
A supervising person.
- Persons subject to the notification requirement:
Frank De Palmenaer & IDEPLUS NV (Derbystraat 357, 9051 Ghent (SDW))
- Date on which the threshold is crossed:
12th of August 2022.
- Exceeded threshold (in %):
90%.
- Denominator:
10.568.735.
- Details of the notification:
| A) Voting rights | Previous notification | After the transaction | |||
| #voting rights | Voting rights | % voting rights | |||
| Holders of voting right | Related to shares | Separate from the shares | Related to shares | Separate from the shares | |
| Frank De Palmenaer | 9.124.667 | 9.038.836 | 85,52 % | ||
| Ideplus NV | 383.890 | 493.443 | 4,67% | ||
| Total | 9.532.279 | 0 | 90,19% | 0,00% | |
| B) Equivalent financial instruments | After the transaction | |||||
| Holders of equivalent financial instruments | Type of financial instrument | Expiration date | Exercise period or date | # voting rights that may be acquired upon exercise of the instrument | % voting rights | Settlement |
| Total | ||||||
| 0 | 0,00% | |||||
| TOTAL (A & B) | #voting rights | % voting rights |
| 9.532.279 | 90,19% |
- Full chain of controlled companies through which the shareholding is effectively held:
Mr. De Palmenaer is controlling shareholder of Ideplus NV.
3. Varia
- This press release can be consulted on the website of ABO-Group Environment nv via this link: https://www.abo-group.eu/investeerders/
- Contact:
ABO-Group Environment NV
Frank De Palmenaer
CEO ABO-Group Environment NV
frank.depalmenaer@abo-group.eu
T +32 (0)9 242 88 22
- About ABO-Group Environment:
ABO-Group is a specialised engineering company focused on geotechnical engineering, the environment and soil remediation. Through its consultancy and testing & monitoring departments, ABO-Group is active in Belgium, the Netherlands and France, as well as internationally. ABO-Group guarantees its customers a sustainable solution. For a more detailed description of the operations of the group, please consult the ABO-Group website (www.abo-group.eu).
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