PUBLICATION OF THE NOTICE OF TRANSPARENCY IN ACCORDANCE WITH THE LAW OF 02/05/2007 ON THE DISCLOSURE OF IMPORTANT PARTICIPATIONS
The July 27, 2021 notice issued by AXA shows passively exceeding the threshold following the introduction of dual voting rights and a capital increase through an in-kind contribution from a / s Extensa Group, as approved at the extraordinary general meeting of Leasinvest Real Estate. July 19, 2021 The total voting rights of AXA in Leasinvest Real Estate decreased to 13.44% of the voting rights in Leasinvest Real Estate NV (hereinafter the “Company”).
The notice contains the following information:
REASON FOR NOTICE: Passive threshold exceeded
NOTIFICATION: parent company or controlling person.
PERSONS SUBJECT TO NOTICE
|Name and legal form||The address|
|AXA SA||25, Avenue Matignon, 75008 Paris, France|
TRANSACTION DATE: Jul 19, 2021
THRESHOLD REDUCED BELOW: fifteen%
DENOMINATOR: 11 804 919
|A) Voting rights||Previous notice||After the deal|
|# voting right||# voting right||% voting right|
|Holders of voting rights||Securities related||Not related to securities||Securities related||Not related to securities|
|AXA Holdings SA||0||0||0.00%|
|AXA Belgium SA||1,575,071||1,586,646||13.44%|
|B) Equivalent financial instruments||After the deal|
|Owners of equivalent financial instruments||Financial instrument type||Maturity||Training period or date||# voting rights that can be acquired if a financial instrument is executed||% voting right||Village|
|TOTAL (A and B)||# voting right||% voting right|
This notice relates to passive thresholds being exceeded, which occurred following a press release published by the issuer after the extraordinary general meeting on July 19, 2021, which announced the issuance of 4,075,458 new shares and the introduction of double voting rights (voting rights for loyalty) for paid shares permanently registered in the register of registered shares in the name of the same shareholder for at least two years.
Complete chain of control over companies through which effective participation is carried out
AXA Holdings Belgium SA owns 94.93% of AXA Belgium and AXA SA 5.07%. AXA SA owns 100% of the shares of AXA Holdings Belgium SA. AXA SA is not a controlling organization. The operating companies of the AXA Group include the insurance subsidiaries AXA SA, which operate and exercise their voting rights independently of the Group companies that have the status of a portfolio manager or investment company.
The notice, as well as the shareholder structure, can be found on the Company’s website. https://leasinvest.be/en/investor-relations/shareholder-transparency/…
In accordance with article 28 of the Articles of Association, the right of double voting, which was introduced by the decision of the extraordinary general meeting of the Company dated July 19, 2021, is granted to each fully paid share of the company. A company that has been permanently registered in the register of registered shares in the name of the same shareholder for at least two years. The remaining shares are entitled to one vote. The two-year period starts from the date of registration of registered shares in the register of shareholders.
Leasinvest Real Estate NV uses the LIFO (Last In First Out) method to calculate a period of two consecutive years. For the same registered shareholder, the last shares acquired by him must be the first shares to be deducted from his global holdings of registered shares of the Company on subsequent transfer or dematerialization, unless otherwise explicitly stated in the request for dematerialization or in the transfer documentation.
| For more information contact
Leasinvest Real Estate NV
MICHELLE VAN GATE
| About LEASINVEST REAL ESTATE NV
Leasinvest Real Estate NV is a mixed real estate investor and developer.
The total value of the investment portfolio is about 1.4 billion euros, distributed between the Grand Duchy of Luxembourg (45%), Belgium (42%) and Austria (13%).
Leasinvest is one of the largest real estate investors in Luxembourg.
The total value of the development portfolio is approximately € 0.3 billion and is split between Tour & Taxis and Cloche d’Or, which are mixed residential and office developments and will launch new subprojects in the coming years.
The company is listed on Euronext in Brussels and has a market capitalization of € 678 million (value as of July 27, 2021).