Befimmo SA: Transparancy regulation

Press release

Regulated information

30 September 2019 | 5.40 PM

On 26 September 2019 before opening of the stock exchange Befimmo has bought the 2,659,828 shares held by Fedimmo since 30 April 2019. The transaction was carried out off market at a price of €56 per share.

Pursuant to the law of 2 May 2007 on the disclosure of significant participations in listed companies, Befimmo publishes the following information:

The Company's articles of association introduced a statutory declaration threshold of 3% for the application of the legal rules relating to notification of significant participations. In this context, Befimmo has established a transparency declaration, having crossed this threshold. The situation before and after the transaction is resumed below.

	Previous		After
	declaration		the transaction
					% voting rights
	Number of	Number of		calculated on the basis
		of the total number of
	voting rights	voting rights
		voting rights
					(28,239,042)
Holders of voting rights		Linked to	Not linked to		Linked to	Not linked to
	securities	securities		securities	securities
Befimmo SA	0	2 659 828			9.42%
Fedimmo SA	2 659 828	0			0.00%
	TOTAL	2 659 828	0		9.42%	0.00%

Fedimmo SA is a subsidiary of Befimmo SA.

Fedimmo SA is 100% owned by Befimmo SA.

The notification established can be consulted on the website of Befimmo (https://www.befimmo.be/en/investors/shareholding-structure).

Following this transaction Befimmo's shareholding is composed as follows:

	Number of	Based on the	(in %)
	shares	transparency
	(declared) the	declarations or based on
	day of the	the information received
	statement	from the shareholder
Declarants
AXA Belgium SA	2 741 438	30.04.2019	9.7%
Ageas and affiliated companies	2 641 047	30.04.2019	9.4%
BlackRock Inc.	769 229	13.12.2016	2.7%
Own shares
Befimmo SA	2 659 828	26.09.2019	9.4%
Other shareholders under the statutory threshold	19 427 500	26.09.2019	68.8%
Total	28 239 042		100%