BRUSSELS, Belgium, March 15, 2016 (GLOBE NEWSWIRE) -- Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, Delhaize Group has received a notification of the threshold of 3% being crossed downwardsby Davidson Kempner European Partners LLP which owned 2.86% of Delhaize Group's voting rights as of March 4, 2016.
On March 10, 2016, Simmons & Simmons LLP notified Delhaize Group that as of March 4, 2016 Davidson Kempner European Partners LLP owned 2 977 634 Delhaize Group shares, representing 2.86% of its voting rights. The denominator is 104 253 387 shares. According to their previous notification received on August 7, 2015, Davidson Kempner European Partners LLP owned 3 627 706 shares, which then represented 3.50% of Delhaize Group's voting rights.
According to the notification that Delhaize Group received from Simmons & Simmons LLP on March 10, 2016, Davidson Kempner European Partners LLP is controlled by Davidson Kempner Capital Management LP.
The notification is available on our 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 2015, Delhaize Group's sales network consisted of 3,512 stores. In 2015, Delhaize Group posted €24.4 billion ($27.1 billion) in revenues. In 2015, Delhaize Group posted €366 million ($407 million) in net profit (Group share). At the end of 2015, Delhaize Group employed approximately 154,000 people. Delhaize Group's stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
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Press release in PDF http://hugin.info/133961/R/1994530/734523.pdf