Shareholders Structure

Shares outstanding

On December 18, 2018, the number of Tessenderlo Group NV's outstanding shares ("denominator") was as follows:

Effective voting rights attached to shares representing the capital



On December 18, 2018, 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 staff

​ 8,000


Based on latest notification or latest available public information, the shareholders of the company are currently as follows (status March 22, 2019):

Shareholder Number of shares %
Verbrugge nv (controlled by Picanol)17,873,72941.43%
Symphony Mills NV1,832,2004.25%
​Coltrane Asset Management, L.P.​1,413,2003.28%​
​Janus Henderson Group PLC​1,383,360​3.21%
​Norges Bank​1,287,8992.98%
​Carmignac Gestion SA​903,6872.09%​
​Dimensional Fund Advisors L.P.​891,0222.07%​
​KBC Asset Management NV​744,813​1.73%
​Valarc Master Fund, Ltd. ​630,402​1.46%
​Sessa Capital (Master), L.P.​527,511​1.22%
Free float15,659,15636.29%
Total 43,146,979100.00%

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.