Titan Cement International : Publication of a transparency notification
06/11/2021 | 02:22am EDT
PUBLICATION OF A TRANSPARENCY NOTIFICATION
(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)
Brussels, 11 June 2021, 08:00 CEST - Titan Cement International SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) today announces that it has received the following transparency notification dated 10 June 2021, indicating that on 8 June 2021, E.D.Y.V.E.M public company LTD crossed downwards the 15% threshold as a consequence of an OTC sale of 337,400 shares. No threshold was crossed as a result of this transaction by the persons acting in concert, as their aggregate shareholding currently stands at 35.18%.
The notification dated contains the following information:
Reason for the notification
Acquisition or disposal of voting securities or voting rights
Persons acting in concert
Persons subject to the notification
∙ E.D.Y.V.E.M. public company Ltd, Andrea Zakou 12 &
Michail Paridi, MC Building, 2404 Egkomi, Nicosia,
Cyprus (on behalf of the persons acting in concert);
∙ Trust Neptune, as an intermediary of Leonidas
∙ Several natural persons.
8 June 2021
Threshold that is crossed
Chain of controlled undertakings through
E.D.Y.V.E.M public company LTD is not a controlled entity in
which the holding is effectively held
the meaning of articles 1:14 - 1:18 of the Belgian Companies
and Associations Code. The trustee of Trust Neptune acts as an
intermediary pursuant to article 1:16§2 of the BCCA for Mr
Leonidas Kanellopoulos (Mr Andreas Canellopoulos' son) who
is the sole primary beneficiary of Trust Neptune.
E.D.Y.V.E.M public company LTD crossed downwards the 15%
threshold as a consequence of an OTC sale of 337,400 shares.
For further information, please contact Investor Relations at +30 210 2591 257
About Titan Cement International SA
Titan Cement International, parent company of TITAN Group, is a multiregional cement and building materials producer. Business activities cover the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Group employs about 5,500 people and is present in more than 15 countries, operating cement plants in 10 of them, the USA, Greece, Albania, Bulgaria, North Macedonia, Kosovo, Serbia, Egypt, Turkey and Brazil. Throughout its history, the Group has aspired to serve the needs of society, while contributing to sustainable growth with responsibility and integrity.
Titan Cement International SA published this content on 11 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 June 2021 06:21:02 UTC.