D'Ieteren : Publication of a Transparency Notification
December 20, 2023 at 11:52 am EST
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20 December 2023 - Shareholding
Article 14, paragraph 1 of the Law of 2 May 2007 on the disclosure of major shareholdings
- This is an abstract. For further details, please refer to the full press release -
D'Ieteren Group has received a transparency notification dated December 14, 2023, from which it appears that, following an acquisition of 1,250,000 profit shares on December 13, 2023, SPDG SA has crossed the threshold of 25% of D'Ieteren Group's voting rights (taking into account its direct and indirect shareholding).
- End of abstract -
Contact
Francis Deprez, Chief Executive Officer
Edouard Janssen, Chief Financial Officer
D'Ieteren NV published this content on 20 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2023 16:51:09 UTC.
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration;
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services;
- PHE (100% in economic rights - see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain;
- TVH (40% owned - equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment;
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform;
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.