BRUSSELS, Belgium, Feb. 4, 2015 (GLOBE NEWSWIRE) -- Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that the total shareholding of certain of its subsidiaries crossed the threshold of 3% of the shares issued by Delhaize Group SA .
On January 30, 2015, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that as of January 28, 2015 JPMorgan Asset Management Holdings Inc. owned 3 103 374 Delhaize Group shares through its various subsidiaries as indicated in the table below, which represented 3.02% of Delhaize Group's voting rights.
|Holders of voting rights||Current number of voting rights||Current percentage of voting rights|
|JPMorgan Asset Management Holdings Inc.||0||0.00%|
|J.P. Morgan Investment Management Inc.||638 444||0.62%|
|JPMorgan Asset Management (Taiwan) Limited||27 401||0.03%|
|JPMorgan Asset Management (UK) Limited||2 391 358||2.33%|
|JPMorgan Chase Bank, National Association||46 171||0.04%|
|TOTAL||3 103 374||3.02%|
The entities listed in the table above are controlled via intermediate holding companies ultimately by JPMorgan Chase & Co. and are discretionary investment managers that hold and exercise the voting rights in the absence of specific instructions.
Notification as well as further information related to the relationship between JPMorgan Asset Management Holding Inc. and the entities having the holdings are available on our internet website under the section Corporate Governance.
» Delhaize Group
Delhaize Group is a Belgian international food retailer present in seven countries on three continents. At the end of 2014, Delhaize Group's sales network consisted of 3 468 stores. In 2014, Delhaize Group posted €21.4 billion ($28.4 billion) in revenues. In 2013, Delhaize Group posted €179 million ($237 million) in net profit (Group share). At June 30, 2014, Delhaize Group employed approximately 152 500 people. Delhaize Group's stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
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