Global Graphics SE reports changes in major shareholdings and director dealing in its shares

Global Graphics SE (Euronext: GLOG) discloses two notifications of a change in major shareholdings and details of directors’ transactions in the Company’s shares

  • Financial
Global Graphics SE (Euronext: GLOG) discloses two notifications of a change in major shareholdings and details of directors’ transactions in the Company’s shares

FIRST NOTIFICATION OF CHANGE IN MAJOR SHAREHOLDING

On 29 December 2014, the Company received notification from Stichting Andlinger & Co. Euro-Foundation that they had on an aggregate basis, as a result of the sale of shares, crossed below the threshold of 25.00%, to 20.17%.  

The content of the notification received is shown below.

Name of the shareholder:
Stichting Andlinger & Co. Euro-Foundation
Contact name:
Johan Volckaerts
Contact telephone number:
0031 73 744 0007
Reason for notification:
An acquisition or disposal of voting rights
Date threshold crossed:
29 December 2014
Date of notification:
29 December 2014
Threshold crossed/reached:
20%

Voting rights:

Voting rights attached to shares
Class/type of
shares

Situation previous
to the triggering
transaction		 Resulting situation after the triggering transaction
Number
of
Shares		 Number
of
Voting
Rights		 Number
of shares		 Number of voting
rights		 % of  voting rights
Direct Direct Indirect Direct Indirect
Ordinary Shares of €0.40 each
2,872,011
2,872,011
2,032,011
–
20.17%
–
–

Total voting rights
Number of voting rights Percentage of voting rights
2,032,011 20.17%

SECOND NOTIFICATION OF CHANGE IN MAJOR SHAREHOLDING

On 29 December 2014, the Company received notification from Parana Management Corp BVBA that they had on an aggregate basis, as a result of the purchase of shares, crossed above the threshold of 5.00%, to 8.34%

The content of the notification received is shown below.

Name of the shareholder:
Parana Management Corp BVBA
Contact name:
Guido Van der Schueren
Contact telephone number:
+32 475 84 47 78
Reason for notification:
An acquisition or disposal of voting rights
Date threshold crossed:
29 December 2014
Date of notification:
29 December 2014
Threshold crossed/reached:
8%

Voting rights:

Voting rights attached to shares
Class/type of
shares

Situation previous
to the triggering
transaction		 Resulting situation after the triggering transaction
Number
of
Shares		 Number
of
Voting
Rights		 Number
of shares		 Number of voting
rights		 % of  voting rights
Direct Direct Indirect Direct Indirect
Ordinary Shares of €0.40 each Nil Nil
840,000
–
8.34%
–
–

Total voting rights
Number of voting rights Percentage of voting rights
840,000 8.34%

DIRECTOR DEALING IN SHARES

The 840,000 ordinary shares (the "Shares") of Global Graphics SE (the "Company") purchased on 29 December 2014 by Parana Management Corp BVBA, a company controlled by the Company’s Chairman, Guido Van der Schueren, were purchased from Stichting Andlinger & Co. Euro-Foundation, a Dutch foundation controlled by Johan Volckaerts, a non-executive director of the Company, in an off market transaction at a price of €2.00 per share.  

Subsequent to the above transaction in the Shares, the directors’ interests in the shares of the Company are as follows:

Shareholder
Number of ordinary shares
% of issued share capital
Stichting Andlinger & Co. Euro-Foundation *
2,032,011
19.75%
Parana Management Corp BVBA **
840,000
8.16%
Johan Volckaerts
225,766
2.19%
Alain Pronost
4,959
0.05%
Gary Fry
3,883
0.04%
Total
3,106,619
30.19%

* Stichting Andlinger & Co. Euro-Foundation is controlled by Johan Volckaerts, a non-executive director of the Company.
** Parana Management Corp BVBA is controlled by Guido Van der Schueren, the Company’s Chairman.

The percentage of issued share capital differs to the percentage of voting rights due to the exclusion of Company owned shares (treasury shares) when calculating the percentage of voting rights.

Editors notes

About Global Graphics

Global Graphics (http://www.globalgraphics.com) is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based there. There are also offices near Boston, Massachusetts and in Tokyo.  

Contact

Graeme Huttley/Global Graphics
+44 1223 926472
graeme.huttley@globalgraphics.com

Jill Taylor/Global Graphics
+44 1223 926489
Jill.Taylor@globalgraphics.com

Maryam Al-Haddad

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