BARCO : Transparency declaration by Templeton Investment Counsel: Downward crossing
March 01, 2016 at 12:10 pm EST
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Disclosure in accordance with the provisions of the Act of 2 May 2007: Transparency law
Kortrijk, Belgium, 1 March 2016, 06:00 PM - On 16 February 2016 Templeton Investment Counsel, LLC, Fort Lauderdale (USA), has notified Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) it has crossed the statutory threshold of 5%, holding 614,438 shares i.e. 4.72% of Barco's shares and voting rights as of 12 February 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
Notification by
A person that notifies alone
Persons subject to the notification requirement
Templeton Investment Counsel, LLC, 300 S.E. 2 Street, Fort Lauderdale, FL 33301, USA
Date on which the threshold is crossed
12/02/2016
Threshold that is crossed
5%
Denominator
13,015,732
Notified details
Previous notification: #of voting rights: 636,239
After the transaction: # of voting rights: 614,438
After the transaction: % of voting rights: 4.72%
Chain of controlled undertakings through which the holding is effectively held, if applicable
Templeton Investment Counsel, LLC is a wholly-owned subsidiary of Templeton Worldwide Inc., which is a wholly-owned subsidiary of Franklin Resources, Inc.
Additional information
Templeton Investment Counsel, LLC makes use of the exemption from the obligation to aggregate its holdings, as referred to in Article 11, paragraph 2 of the Law of 2 May 2007, and Article 21 of the Royal Decree of 14 February 2008.
Barco NV issued this content on 01 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 March 2016 17:09:26 UTC
Original Document: http://www.barco.com/en/News/Press-releases/Transparency-declaration-by-Templeton-Investment-Counsel-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.