Kortrijk, Belgium, 20 December 2018, 06:00 PM – NV Michel Van de Wiele, Marke - België, has notified Barco (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) concerning the transfer of 2,394,833 shares by NV Michel Van de Wiele to Titan Barrato NV on 14 December 2018.
Content of the notification from 19 December 2018:
Categories of notification
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Results of the received form
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Reason for notification
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Acquisition or disposal of voting securities or voting rights
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Notification by
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A parent undertaking or a controlling person
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Persons subject to the notification requirement
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Charles Beauduin
Titan Barrato NV, Michel Vandewielestraat 7, 8510 Marke
NV Michel Van de Wiele, Michel Vandewielestraat 7, 8510 Marke
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Date on which the threshold is crossed
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14/12/2018
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Threshold that is crossed
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15%
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Denominator
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13,067,284
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Notified details
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Previous notification: #of voting rights: 2,346,300
After the transaction: # of voting rights: 2,394,833
After the transaction: % of voting rights: 18.33%
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Full chain of controlled undertakings through which the holding is effectively held, if applicable
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Charles Beauduin controls Titan Barrato NV which in turn controls NV Michel Van de Wiele
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Additional information
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Intragroup acquisition of an in kind dividend payment (Barco shares) from subsidiary to the parent company
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About Barco
Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2017, we realized sales of 1.085 billion euro. We have a team of 3,600 employees, located in 90 countries, whose passion for technology is captured in 400 granted patents.
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