Disclosure of significant holding of Reinet Investments S.C.A. (`Reinet΄) shares.
September 21, 2022 at 11:33 am EDT
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Reinet Investments SCA / Key word(s): Miscellaneous
Disclosure of significant holding of Reinet Investments S.C.A. (`Reinet΄) shares.
21-Sep-2022 / 17:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
In terms of the Luxembourg regulations, a notification is required where a holding exceeds or falls below a notifiable threshold.
Reinet has been notified on 20 September 2022 by M&G Plc that the voting rights held by M&G Investments Southern Africa (pty) Limited in Reinet increased on 13 September 2022 to 9 813 012, which represents 5.01 percent of the voting rights in Reinet, increasing above the 5 percent threshold.
Reinet Investments Manager SA
for and on behalf of Reinet Investments SCA
Reinet Investments S.C.A. is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S., a specialised investment fund also incorporated in Luxembourg. The Company’s ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the secondary listing. The Company’s ordinary shares are included in the ‘LuxX’ index of the principal shares traded on the Luxembourg Stock Exchange.
Reinet Investments S.C.A. is an investment company that specializes in acquiring holdings in listed and unlisted companies.
At the end of March 2023, the group's portfolio with a market value of EUR 5.7 billion breaks down by type of shares as follows:
- unlisted companies (70.9%);
- listed companies (29.1%).