KBC Group: Publication of a transparency notification received by KBC Group NV

Brussels, 13 July 2017, 18 h

Publication of a transparency notification received by KBC Group NV

(art. 14, 1^st section of the Act of 2 May 2007 concerning the disclosure of significant participations)   

Summary of the notification

KBC Group NV has received a transparency notification dated 10 July 2017, which states that BlackRock Inc., as a result of a net purchase of shares, now has 4.98% of the voting rights in KBC Group NV and as a consequence crossed the reporting threshold of 5% downwards. 

Content of the notification

The notification contains following information:

• Reason for the notification: acquisition or disposal of voting securities or voting rights
• Notification by: BlackRock Inc.
• Persons subject to the notification requirement: see annex 1
• Date on which the threshold is crossed: 10 July 2017
• Threshold that is crossed downwards: 5%

(KBC Group's Articles of Association set a notification threshold of 3% of the total number of voting rights. In addition, the legal thresholds of 5% or any multiple thereof also apply)

• Denominator (number of shares KBC Group NV): 418 372 082
• Notified details: see annex 1
• Chain of controlled undertakings through which the holding is effectively held:
  "BlackRock inc is the ultimate controller, but the legal entities detailed in annex 1 are the discretionary Investment Managers who holds the shares and exercise the voting rights."
• The relevant notification is available at www.kbc.com > Investor relations > Shareholder information > Shareholder structure.

For more information, please contact:

Wim Allegaert, General Manager, Investor Relations, KBC Group
Tel + 32 2 429 50 51 - E-mail: wim.allegaert@kbc.be

Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group
Tel + 32 2 429 85 45 - E-mail: pressofficekbc@kbc.be

For more information see attachment.