As a result of the offering of 4,044,642 new shares in a private placement, on 31 March 2021 and 8 April 2021, the total number of outstanding shares is 14,824,642. All outstanding shares are traded on the regulated market of Euronext Brussels. Each share entitles the holder to one vote. Consequently, the total number of securities conferring voting rights is also 14,824,642.
Along the securities conferring voting rights, there are 35,000 rights to subscribe for securities conferring voting rights yet to be issued (cf. Warrant Plan).
Shareholders who cross, either up- or downwards, the threshold of three (3) percent of the company’s share capital on a fully diluted basis (i.e. with the sum of the securities conferring voting rights and the rights to subscribe for securities conferring voting rights, as the denominator) must disclose their holdings. A subsequent disclosure is required for each crossing, either up- or downwards, of the threshold of five (5) percent and each multiple of five (5) percent of the company’s share capital. Disclosures should be transmitted to both Ekopak and the FSMA.
Based on the disclosures of major holdings that Ekopak has received since its IPO on 31 March 2021 and 8 April 2021, the shareholder structure is as follows:
There are no restrictions on the shares or voting rights. There are no special items to note with respect to the Royal Decree of 14 november 2017. There are no transactions outside normal market conditions with major shareholders and no conflicts of interest.
Annual Shareholders Meeting
The annual shareholders meeting (ASM) is held on the second Tuesday of May. Shareholders can attend the meeting in person or remotely (in an online meeting), or vote by proxy.
In 2021, the annual shareholder meeting took place on 17 March 2021, i.e. prior to the listing of Ekopak’s shares on Euronext Brussels.
In addition to the annual shareholders meeting, the Board of Directors also convened an extraordinary shareholders meeting (ESM) on 17 March 2021, to decide on the private placement and the listing of Ekopak’s shares on Euronext Brussels, to amend the company’s articles of association accordingly and to nominate the members of the Board of Directors and its committees.
All details concerning the Annual Shareholder Meeting of 10 May 2022 are published on Ekopak’s investor relations website: