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Disclosure about a transparency notification
Globenewswireยท 2025-09-25 16:30
Summary of the Notification - ABO-Group Environment NV received a transparency notification indicating that Frank De Palmenaer now owns 89.93% of the voting rights following the sale of shares by Ideplus NV on 23 September 2025, breaching the 90% shareholding threshold [1][2]. Content of the Notification - The notification was triggered by the acquisition or disposal of voting shares or voting rights [2]. - The notification was made by a parent company or controlling person, specifically Mr. Frank De Palmenaer and Ideplus NV [2]. - The threshold was crossed on 23 September 2025, with a total denominator of 10,568,735 shares [3]. Voting Rights Details - Frank De Palmenaer held 9,038,836 voting rights before the transaction, which changed to 10.91% of the voting rights after the transaction [3]. - Ideplus NV held 493,443 voting rights, which remained at 4.66% after the transaction [3]. - The total voting rights after the transaction amounted to 9,504,238, representing 89.93% of the voting rights [4]. Shareholding Structure - Mr. De Palmenaer is the controlling shareholder of Ideplus NV, indicating a direct influence over the shareholding structure [5]. - The voting rights separate from the shares are held by Frank De Palmenaer, while the bare ownership is distributed among family members [6]. Company Overview - ABO-Group Environment was founded in 1995 and has evolved into an international engineering firm specializing in environmental and soil-related services [7]. - The company operates through semi-independent subsidiaries in Belgium, France, and the Netherlands, employing over 800 experts [8]. - ABO-Group is listed on EURONEXT Brussels and EURONEXT Paris, providing comprehensive solutions for various sectors including construction, infrastructure, and energy [8].