BRUSSELS, Belgium, Feb. 18, 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 downwards on February 9, 2015 and upwards on February 10, 2015.
On February 13, 2015, JPMorgan Asset Management Holdings Inc.notified Delhaize Group that as of February 9, 2015 JPMorgan Asset Management Holdings Inc. owned through its various subsidiaries less than 3% of Delhaize Group's voting rights.
On February 13, 2015, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that as of February 10, 2015 JPMorgan Asset Management Holdings Inc. owned 3 128 660 Delhaize Group shares through its various subsidiaries as indicated in the table below, which represented 3.04% of Delhaize Group's voting rights. The denominator is 102 819 053 shares.
|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.||617 991||0,60%|
|JPMorgan Asset Management (Taiwan) Limited||37 430||0,04%|
|JPMorgan Asset Management (UK) Limited||2 432 541||2,37%|
|JPMorgan Chase Bank, National Association||40 698||0,04%|
|TOTAL||3 128 660||3,04%|
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 the end of 2014, Delhaize Group employed approximatively 152 000 people. Delhaize Group's stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
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