Notification of substantial shareholdings and short positions

Shareholders owning 3% or more of the issued capital of a listed company (a substantial shareholding or short position) must report this to the Netherlands Authority for Financial Markets (AFM) as soon as this threshold is reached or exceeded.

Subsequently, notification to the AFM must be done as soon as a substantial shareholding or short position reaches, exceeds or falls below set thresholds. The thresholds are: 3%, 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 60%, 75% and 95% of the company's issued share capital.

As at 31 December 2014, the following shareholders owning 3% or more of the company's voting rights were registered with the AFM:

Excel

Name

% voting rights

Harold Goddijn

11.7%

Corinne Goddijn-Vigreux

11.7%

Pieter Geelen/Stichting Beheer Moerbei

11.7%

Peter-Frans Pauwels/Stichting Beheer Pillar Arc

11.7%

Flevo Deelnemingen IV BV (Dasym/Janivo)1

10.1%

Highclere International Investors LLP

3.0%

Total substantial shareholdings

59.9%

  1. Flevo Deelnemingen IV BV is a 100% direct shareholder of Flevo Dasym BV and Flevo Janivo BV.