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Shareholders structure

Shares outstanding

On September 30, 2024, the number of Tessenderlo Group nv's outstanding shares was as follows: 61,146,864. 

Effective voting rights attached to shares representing the capital ("denominator")

The Extraordinary Shareholders Meeting of Tessenderlo Group nv of July 10, 2019, has approved the introduction of a loyalty voting right in accordance with article 7:53 BCCA. A double voting right is granted to the shares that have continuously been registered in the share register on the name of the same shareholder for at least two years.

The number of voting rights attached to the outstanding shares on September 30, 2024, is 64,351,803.

Transparency information

Based on latest notification or latest available public information and on the denominator mentioned above, the voting rights in the company are currently as follows (status September 30, 2024):

Shareholder

Number of shares

Number of voting rights

% voting rights

Patrick Steverlynck

10,738

10,738

0.02%

Manuco International nv (controlled by Patrick Steverlynck)

5,051,449

5,051,449

7.85%

Luc Tack

46,113

92,226

0.14%

Oostiep Group bv (controlled by Luc Tack)

35,458,616

38,065,816

59.15%

Dimensional Fund Advisors LP

663,938

663,938

1.03%

BlackRock, Inc.

661,698

661,698

1.03%

Own shares

187,500

187,500

0.29%

Free float

19,066,812

19,618,438

30.49%

Total

61,146,864

64,351,803

100.00%

Luc Tack controls Oostiep Group bv. Mr. Patrick Steverlynck controls Manuco International nv. The mutual agreement that exists between the two parties does not imply joint control. 

An overview of the transparency declarations can be found here.

LIFO Principle

In case of a request to convert nominative shares into dematerialized shares, Tessenderlo Group will apply the LIFO Principle (Last In, First Out). The latest entries into the register of nominative shares thus will be converted first.

Notification

Shareholders whose voting rights in Tessenderlo Group surpass 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) (TRP.Fin@fsma.be) and Tessenderlo Group nv (ir@tessenderlo.com).

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