Shareholder structure

Shares - Capital

The total capital of WDP amounts to 184,915,687.81 euros and is represented by 23,061,390 fully paid-up ordinary shares. There are no preferred shares. Each of these shares carries one voting right at the General Shareholders Meeting and these shares thus represent the denominator for the purposes of notifications under the transparency regulations (i.e. notifications in case of reaching, crossing or falling below the statutory or legal thresholds).

In addition to the legal thresholds, the WDP Articles of Association specify an additional statutory threshold of 3% in accordance with article 18, §1 of the Transparency Law of 2 May 2007.

There are no outstanding options or warrants issued that entitle their holder to shares.

Reference shareholder

On 26 October 2012, the reference shareholder, the Jos De Pauw family and De Pauw NV, has integrated all its WDP shares that were held in common into a family company structure in which the existing common holding is institutionalised.

The holders of the voting rights are the members of the Body of Management of the RTKA Partnership, i.e. Robert, Tony, Kathleen and Anne De Pauw, under exclusion of any other holder of rights in the participation. The members of this Body of Management act in concert with De Pauw NV, which is wholly owned by the members of the Body of Management of the RTKA Partnership.

RTKA holds on 4 December 2018 5,767,183 and De Pauw NV 1 WDP share, being 25.01% of the total number of WDP shares with voting rights.

Shareholding

 

Number of shares (declared)

Date of the statement

(in %)

Free float

17,001,379

 

74.99%

 

BlackRock-related companies

659,847

29.12.2016

2.86%

  AXA Investment Managers S.A. 676,998 02.11.2018 2.99%
 

Other shareholders under the statutory treshold1

15,957,361

04.12.2018

69.20%

Family Jos De Pauw en De Pauw NV (reference shareholder)2

5,767,184

04.12.2018

25.01%

Total number of shares

23,061,390

 

100.00%

1 The number of publicly held shares was determined under the assumption that since the declarations of transparency, nothing has changed with regard to the composition of the share portfolio of the shareholders obligated to report major holdings by virtue of the Belgian Law of 2 May 2007 on disclosure of major holdings in issuers whose shares are admitted for trading on a regulated market and with various provisions.

2 The reference shareholder, the Jos De Pauw family and De Pauw NV, has integrated all its WDP shares that were held in common into a family company structure in which the existing common holding is institutionalised.

Open and transparent

Openness and communication with the shareholders is a must for every listed company. The shareholders themselves must also behave transparently with everyone. After all, an insight into the voting power ratios within a company increases the transparency of the strategy being pursued. Finally, a well-informed investment public allows for the efficient and correct operation of the financial markets. WDP fully supports the Belgian transparency regulations. (Law of 2 May 2007)

Notifications threshold