Shareholders Structure

Shares outstanding

On December 16th, 2016, the number of Tessenderlo Group NV's outstanding shares ("denominator") was as follows:

Effective voting rights attached to shares representing the capital​43,068,884


On December 16th, 2016, the number of Tessenderlo Group NV outstanding warrants was as follows:

Future voting rights, potential or otherwise, resulting from rights and commitments at the conversion into or the subscription for shares to be issued, namely the exercise of warrants from staff172,436


On the basis of the notifications provided to the Company, the shareholders of the Company are currently as follows :

Shareholder Number of shares %
Verbrugge nv (controlled by Picanol)15,618,65336.26%
Symphony Mills nv1,694,7743.94%
​Coltrane Asset Management, L.P.​1,413,2003.28%​
​Norges Bank​1,289,044​2.99%
​Carmignac Gestion SA​903,6872.10%​
​Dimensional Fund Advisors LP​891,0222.07%​
​Capfi Delen Asset Management nv​698,001.62%​
​Valarc Master Fund, Ltd. ​630,402​1.46%
​Sessa Capital (Master), L.P.​527,511​1.22%
Blocked shares by personnel or former personnel56,6720.13%
Free float19,345,91944.93%
Total 43,068,884100.00%

Verbrugge NV is controlled by Picanol NV, which in turn is controlled by Artela NV. Artela NV and Symphony Mills NV are controlled by Mr. Luc Tack.

An overview of the transparency declarations can be found here.


Shareholders whose stake in Tessenderlo Group nv's capital surpasses the threshold of 1%, 3%, 5 %, 7.5% and each multiple of 5 %, in either direction, are required to notify the Belgian Financial Services and Markets Authority (FSMA) ( and Tessenderlo Group NV (

If you wish to obtain the necessary notification documents please contact Tessenderlo Group's shareholders' service.