Statement of control
In line with legislation, the allocation and exercise of options and other shares transactions of the members of the Executive Board of Kendrion N.V. have been reported to the Financial Markets Authority (AFM). This information can be consulted on the AFM's website (). www.afm.nl
Pursuant to the Netherlands Financial Supervision Act, Kendrion is aware, on the basis of the information in the registers of the Netherlands Authority for the Financial Markets (AFM), that the following shareholders possessed an interest of more than 5% on 31 December 2013:
|Shareholder||interest in %||Date of report|
|Delta Lloyd Deelnemingen Fonds N.V.||10.71%||At 19 December 2013|
|Delta Lloyd N.V.||9.49%||At 6 May 2011|
|Project Holland Beheer B.V.||6.75%||At 5 November 2013|
|Invesco Limited||6.03%||At 27 September 2013|
|Janivo Beleggingen B.V.||5.88%||At 4 October 2011|
|Darlin N.V.||5.09%||At 1 November 2006|
|Jan Plas S.A.||5.02%||At 2 April 2009|
|J.N.A. van Caldenborgh||5.00%||At 4 March 2010|
|Menor Investments B.V.||4.77%||At 15 November 2013|
|T. Rowe Price Associates, Inc.||4.65%||At 27 September 2013|
Other movements in the size of the interests of Kendrion's major shareholders also took place during the course of 2012. These changes fall within the disclosure thresholds as stipulated in the Financial Supervision Act and, consequently, do not need to be disclosed by the major shareholders.
New legislation (the Corporate Governance Act, implementing the recommendations of the Corporate Monitoring Committee (the Frijns Committee)) will enter into force on 1 July 2013. This Act will introduce the obligation on shareholders to disclose a substantial holding of 3% or more, as well as the obligation to disclose gross short positions. A regulation will be introduced on the same date enabling the identification of shareholders holding 0.5% or more of the issued share capital in certain circumstances. Kendrion will give consideration to the approach it intends to adopt, within the stipulated statutory framework, to the options, rights and obligations relating to the identification of shareholders.
Transactions between the company and legal persons holding at least 10% of the shares in the company as specified in best practice provision III.6.4 of the Netherlands Corporate Governance Code have not taken place.