BARCO : Transparency declaration by Norges Bank (the Central Bank of Norway): Downward crossing
March 17, 2016 at 01:06 pm EDT
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Disclosure in accordance with the provisions of the Act of 2 May 2007: Transparency law
Kortrijk, Belgium, 17 March 2016, 06:00 PM - On 11 March 2016 Norges Bank, Oslo (Norway), has notified Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) it has crossed the statutory threshold of 3%, holding 373,980 shares i.e. 2.87% of Barco's shares and voting rights as of 9 March 2016.
Content of the notification
The notification includes the following information:
Categories of notification
Results of the received form
Reason for notification
Acquisition or disposal of voting securities or voting rights
Downward crossing of the lowest threshold
Notification by
A person that notifies alone
Persons subject to the notification requirement
Norges Bank, Bankplassen 2, P.O Box 1179, Oslo 0107, Norway
Date on which the threshold is crossed
09/03/2016
Threshold that is crossed
3%
Denominator
13,015,732
Notified details
Previous notification: #of voting rights: 400,487
After the transaction: # of voting rights: 373,980
After the transaction: % of voting rights: 2.87%
Chain of controlled undertakings through which the holding is effectively held, if applicable
Norges Bank is the central bank of Norway. As part of its central bank activities, Norges Bank manages Norway's foreign exchange reserves and is responsible for management of the Norwegian Government Pension Fund Global (GPFG). The formal responsibility for management of the GPFG is placed with the Ministry of Finance, but is delegated to Norges Bank. All investments are executed by Norges Bank acting as principal and all holdings are registered in the name of Norges Bank.
Additional information
The decrease in Norges Bank's ownership to below 3% of the voting rights of Barco NV relates to a disposal of Barco NV shares.
Barco NV issued this content on 17 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 March 2016 17:05:22 UTC
Original Document: http://www.barco.com/en/News/Press-releases/Transparency-declaration-by-Norges-Bank-the-Central-Bank-of-Norway-Downward-crossing.aspx
Barco NV is a Belgium-based technology company, which specializes in the design and development of professional visualization equipment and solutions. The company offers its products in such operating segments as Entertainment (primarily active in the field of digital cinema), Enterprise (including the control rooms and the corporate activity) and Healthcare (dedicated to the high-resolution visualization segments of radiology and mammography and IP-connectivity solutions for the surgical room).
The company's products range includes display monitors, projectors, video walls, image processing and connectivity and interactivity software.