Zenitel : Publication of a transparency notification (article 14 of the law of 2 May 2007 on the disclosure of major holdings)

Zenitel NV received a transparency notification on 23 April 2021, indicating that House of Thor BV, following the acquisition of shares on 19 April 2021, holds 86.83% of the voting rights of the company and as such has surpassed the threshold of 85%.

During the initial acceptance period of the voluntary public takeover bid of House of Thor BV on Zenitel NV, 793,978 shares in Zenitel NV were tendered into the bid, representing 23.98% of the outstanding shares. As a result of the decision of House of Thor BV to proceed with the bid, its holding in Zenitel NV increased on 19 April 2021 from 62.85% to 86.83%.

De Wilg CommV has tendered all its 400,000 shares in Zenitel NV into the bid, as a result of which its participation has decreased to 0% on 19 April 2021. At the same time, the acting in concert of De Wilg CommV and 3D NV regarding an agreement in view of the mutual concerted exercise of voting rights in order to conduct a sustainable mutual policy, as announced in the transparency notification of 24 June 2014, comes to an end.

The transparency notification includes the following information :

1. Reason for the notification

• Acquisition or transfer of securities with voting rights or voting rights
• Termination of an agreement of acting in concert.

2. Notification by

• A parent company or a controlling person.
• Persons acting in concert.

3. Persons subject to the notification requirement

Name	Address (for legal entities)
STAK Iberanfra	Hoogoorddreef 15, 1101 BA Amsterdam (Nederland)
3D NV	Onafhankelijkheidslaan 17-18
House of Thor	Onafhankelijkheidslaan 17-18
Mark Leysen
Lintrust CommV	Frilinglei 113, 2930 Brasschaat
Jef Leysen
De Witte Vier CommV	Frilinglei 87, 2930 Brasschaat
Bart Deckers
Omnivale CommV	Gelgenstraat 5, 2970 Schilde
De Wilg CommV	Frilinglei 113, 2930 Brasschaat

4. Transaction date

5. Threshold that is crossed.

6. Total number of rights

7. Notified details

A)-Voting rights	Previous notification			After the transaction
	# voting rights		# voting rights		% voting rights
Holder of rights		Linked to the securities	Not linked to the securities	Linked to the securities	Not linked to the securities
STAK Iberanfra	0	0	0	0	0.00%	0.00%
3d NV	0	0	0	0	0.00%	0.00%
House of Thor	2 082 006	2 874 978	0	86,83%	0.00%
Subtotaal	2 082 006	2 874 978	0	86,83%	0.00%
Mark Leysen	0	0	0	0	0.00%	0.00%
Lintrust CommV	0	0	0	0	0.00%	0.00%
Jef Leysen>	0	0	0	0	0.00%	0.00%
De Witte Vier CommV	0	0	0	0	0.00%	0.00%
Bart Deckers	0	0	0	0	0.00%	0.00%
Omnivale CommV	0	0	0	0	0.00%	0.00%
De Wilg CommV	400 000	0	0	0.00%	0.00%
Subtotaal	400 000	0	0	0.00%	0.00%
	TOTAL	2 874 978	0	86,83%	0.00%

B) Equivalent financial instruments			After the transaction
Holders of equivalent financial instruments	Type of financial instruments	Expiry date	exercise period or date	# voting rights that may be acquired if the instrument is exercised	% voting rights	Settlement
	TOTAAL			0	0.00%

	TOTAL (A & B)			# voting rights	% voting rights
			Calcuate	2 874 978	86,83%

8. Chain of controlling entities through which the participation is effectively held

• House of Thor BV is directly controlled by 3D NV.
• 3D NV is directly controlled by STAK Iberanfra.
• STAK Iberanfra is not controlled.
• Lintrust CommV, De Witte Vier CommV and Omnivale CommV jointly control De Wilg CommV for 100%.
• Since the last notification of 24 June 2014, Mark Leysen, Thérese Leysen and Luk Leysen have transferred the (direct) control over De Wilg CommV to Lintrust CommV, De Witte Vier CommV and Omnivale CommV.
• Lintrust CommV is controlled by Mark Leysen.
• De Witte Vier CommV is controlled by Jef Leysen.
• Omnivale CommV is controlled by Bart Deckers.

To see the complete transparency notification in Dutch please click here.
To download this press release in English please click here.