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Shareholders structure

Shares outstanding

On April 22, 2025, the number of Tessenderlo Group nv's outstanding shares was as follows: 60,159,303. 

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 April 22, 2025, is 100,389,307.

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 April 22, 2025):

Shareholder

Number of shares

Number of voting rights

% voting rights

Patrick Steverlynck

10,738

10,738

0.01%

Manuco International nv (controlled by Patrick Steverlynck)

5,051,449

10,064,217

10.03%

Luc Tack

46,113

92,226

0.09%

Oostiep Group bv (controlled by Luc Tack)

35,458,616

69,664,040

69.39%

Own shares

115,135

115,135

0.11%

Free float

19,477,252

20,442,951

20.36%

Total

60,159,303

100,389,307

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.