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Regulatory News

27/04/2021

Publication of a transparency notification

Brussels, April 27, 2021

 

The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

 

(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)

1. Summary of the notification

Cenergy Holdings announces that on April 23, 2021 the Company received a transparency notification indicating that following a dividend distribution effected by ElvalHalcor SA:

a)  Viohalco SA acquired 43,750,177 Cenergy Holdings shares representing 23% of Cenergy Holdings’ total share capital. As a result, the direct holding of Viohalco SA increased from 56.77% to 79.78% but its total holding crossed downwards the threshold of 80% to 79.78% of the share capital of Cenergy Holdings; and

b)  ElvalHalcor SA, subsidiary of Viohalco, distributed as dividend 47,847,093 Cenergy Holdings shares representing 25.16% of the share capital of Cenergy Holdings. As a result, ElvalHalcor SA no longer holds any Cenergy Holdings shares and its holding decreased from 25.16% to 0%.

In accordance with its obligation under article 14 of the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies, Cenergy Holdings publishes the content of the notification that it has received.

2. Content of the notification
The notification dated 23 April 2021 contains the following information:

  • Reason for the notification: Acquisition or disposal of securities or voting rights
  • Notification by: A parent undertaking or a controlling person
  • Person subject to the notification requirement:

  • Date on which the threshold is crossed: 21 April 2021
  • Threshold that is crossed: 80%
  • Denominator: 190,162,681 shares

Notified details:

• Full chain of controlled undertakings through which the holding is effectively held: Viohalco SA controls ElvalHalcor SA.

• Additional information:
On April 9, 2021, the shareholders’ meeting of ElvalHalcor decided to distribute as dividend in kind the shares it held in Cenergy Holdings amounting to 47,847,093 shares (25.16% of Cenergy Holdings’ share capital).
Viohalco SA held 91.44% of the total share capital of ElvalHalcor and therefore received 43,750,177 Cenergy Holdings shares as a consequence of this dividend distribution. Viohalco will now hold directly 151,710,878 Cenergy Holdings shares (79.78% of its share capital) while ElvalHalcor (ex Halcor) will no longer hold any shares.

3. Miscellaneous

This press release may be consulted on the website of Cenergy Holdings via this link: https://www.cenergyholdings.com/investor-relations/regulatory-news/press-releases .

This notification can be consulted on the website of Cenergy Holdings via this link: www.cenergyholdings.com/investor-relations/shareholder-information/major-shareholders/.

 

Contacts

For further information, please contact:

Sofia Zairi

Chief Investors Relations

(+32) 22 240960

(+30) (210) 6787773

ir@cenergyholdings.com

 

About Cenergy Holdings

Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com.

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