Shareholder structure

The table below lists the main shareholders of Elia, in particular those holding more than 5% of the total number of shares, following the transparency declarations" received (Act of 2 March 1989 and Royal Decree of 10 May 1989, Act of 2 May 2007).

The following table shows the shareholder structure of Elia System Operator SA as at June 18, 2019.

Shareholder Total number of shares  % of shares % of voting rights
(Class B and C shares)*
30.806.445* 44,87% 44,87%
Publipart (Class A and B shares)** 2.227.231 3,24% 3,24%
Belfius Insurance (Class B shares) 714.357 1,04% 1,04%
Katoen Natie Group (Class B shares) 4.228.344 6,16% 6,16%
Interfin (Class B shares) 2.598.143 3,78% 3,78%
Other free float (Class B shares) 28.078.418 40,90% 40,90%
Total 68.652.938  100,00% 100,00%

*Publi-T holds a total of 30,806,445 shares, of which 30,722,070 class C shares (and 84,375 class B shares)
**Publipart holds a total of 2,227,231 shares, of which 1,717,600 class A shares (and 509,631 class B shares)

Declaration of transparancy

In accordance with Article 15 of the law of 2 May 2007 regarding the publication of major shareholdings (“transparency law”) Elia must publish, its (1) total share capital, (2) the total number of shares entitling their holders to voting rights and (3) the total number of voting rights, at the latest by the end of each month during which these numbers were increased or decreased.

When it publishes this information, the company must also disclose the total number of bonds convertible into shares entitling their holders to voting rights, the subscription rights relating to shares entitling their holders to voting rights not yet issued, and the total number of voting rights that would result from the exercising of these conversion or subscription rights.

This information enables Elia’ shareholders to check whether they have fallen below or risen above the 5% threshold (and its other multiples of 5) of total voting rights and whether they are therefore obliged, under Article 514 of the Companies Code, to declare the crossing of a threshold. Elia has not used the possibility offered by the “transparency law” of adding more restrictive thresholds to its Articles of Association.

For further information about transparency declaration obligations, refer to the provisions of the law and the royal decree of 14 February 2008 regarding the disclosure of major holdings.

The notifications of major shareholdings must be submitted to the investor relations officer: (see also contact details in the "Contact" section)