Declaration of transparency
In accordance with financial transparency rules and legislation, Elia Group publishes the shareholding notifications it has received. Under Belgian laws relating to transparency, shareholdings of at least 5% (or a multiple of 5%) must be reported to the FSMA and to the company in question.
In accordance with financial transparency rules and legislation, Elia Group publishes the shareholding notifications it has received. Under Belgian laws relating to transparency, shareholdings of at least 5% (or a multiple of 5%) must be reported to the FSMA and to the company in question.
In accordance with Article 15 of the 2 May 2007 law regarding the publication of major shareholdings (“transparency law”), Elia Group must publish (1) its total share capital, (2) the total number of shares entitling their holders to voting rights and (3) the total number of voting rights, at the latest by the end of each month during which these numbers were increased or decreased.
When it publishes this information, the company must also disclose the total number of bonds convertible into shares entitling their holders to voting rights, the subscription rights relating to shares entitling their holders to voting rights not yet issued, and the total number of voting rights that would result from the exercising of these conversion or subscription rights.
This information enables Elia’s shareholders to check whether they have fallen below or risen above the 5% threshold (and its multiples of 5) of total voting rights and whether they are therefore obliged, under Article 514 of the Companies Code, to declare the crossing of a threshold. Although adding more restrictive thresholds to its Articles of Association was made possible by the "transparency law", Elia has not undertaken this.
For further information about transparency declaration obligations, refer to the provisions of the law and the royal decree of 14 February 2008 regarding the disclosure of major holdings.
The notifications of major shareholdings must be submitted to the investor relations officer: investor.relations@elia.be (see also their contact details in the "Contact" section).
Declaration of transparency | Elia Group | ||
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