Press release
Outside trading hours – Regulated information*
Brussels, 16 October 2018, 8h00 CEST
Publication of transparency notification(s) received by KBC Group NV
(art. 14, 1st section of the Act of 2 May 2007 concerning the disclosure of significant participations)
Summary of the notification(s)
KBC Group NV has received a transparency notification dd. 11 October 2018 and dd. 12 October 2018, which – as a result – state that BlackRock Inc. has crossed the reporting threshold of 5% (total voting rights and equivalent financial instruments) downwards.
Content of the notification(s)
The notification(s) contain(s) following information:
- Reason for the notification(s): acquisition or disposal of voting securities or voting rights
- Notification(s) by: BlackRock Inc.
- Persons subject to the notification requirement: see annex
- Date(s) on which the threshold is crossed: 10 October 2018 and 11 October 2018
- Threshold that is crossed: 5% downwards (first only ‘total voting rights’, then ‘total voting rights and equivalent financial instruments)
(KBC Group’s Articles of Association set a notification threshold of 3% of the total number of voting rights. In addition, the legal thresholds of 5% or any multiple thereof also apply)
- Denominator (number of shares KBC Group NV): 415 897 567
- Notified details: see annex. As a consequence, on 11 October 2018, the number of KBC-shares with voting rights and equivalent financial instruments owned by BlackRock amounted to 4.88% and 0.04%, respectively, of the total number of KBC-shares.
- Chain of controlled undertakings through which the holding is effectively held:
See “11: Full chain of controlled undertakings through which the holding is effectively held” in the PDF-file on www.kbc.com (see below). - The relevant notification(s) is (are) available at www.kbc.com > Investor relations > Shareholder information > Shareholder structure.
Full press release attached.