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NOTIFICATION OF MAJOR HOLDINGS

Release according to Article 40, Section 1 of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG) and Art. 11 (6) of the Transparency Law dated
11 January 2008 of the Grand Duchy of Luxembourg (the Transparency Law) with the objective of Europe-wide distribution

Befesa S.A.

24 June 2021

1. Details of the Issuer: Befesa S.A. 46, Boulevard Grande-Duchesse Charlotte L-1330 Luxembourg Grand Duchy of Luxembourg
2. Reason for the notification: An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation: Corporation Financiera Alba, S.A., Castello, 77; 28008-Madrid (Spain)
4. Full name of shareholder(s) (if different from 3.): Alba Europe S.à r.l., 46A, Avenue J.F. Kennedy, L-1855 Luxembourg (RCS : B 195061)
5. Date on which the threshold was crossed or reached: 21 June 2021
6. Total positions of person(s) subject to the notification obligation (Art. 8 and 9 of the Transparency Law):
	% of voting rights attached to shares (total of 7.A)	% of voting rights through financial instruments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	5.1%	0.00%	5.1%	39,999,998
Position of previous notification (if applicable)

 

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights		% of voting rights
	Direct (Art 8 of the Transparency Law)	Indirect (Art 9 of the Transparency Law)	Direct (Art 8 of the Transparency Law)	Indirect (Art 9 of the Transparency Law)
ISIN LU1704650164		2,041,430		5.1%
SUBTOTAL A (Direct & Indirect)	2,041,430		5.1%

 

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
		Subtotal B1		%

 

 

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of voting rights	% of voting rights
			Subtotal B2		%

 

N	Name		% of voting rights	Total of both
		% of voting rights	through financial
		held by ultimate	Instruments held
		controlling person	by ultimate		Directly
		or entity or held	controlling person		controlled
		directly by any	or entity or held		by (use
		subsidiary if it	directly by any		number(s)
		equals or is	subsidiary if it		from 1st
		higher than the	equals or is		column)
		notifiable	higher than the
		threshold	notifiable
			threshold
1	Corporacion Financiera Alba, S.A..	5.1%	-%	5.1%
2	Alba Europe S.à r.l.	5.1%	-%	5.1%	1

 

9. In case of proxy voting:

N/A

10. Additional information:

Alba Europe S.à r.l. acquired and is directly holding the shares to which voting rights are attached in Befesa S.A.. Alba Europe S.à r.l. is 100% owned by Corporacion Financiera Alba, S.A., a Spanish entity which shares are currently listed and admitted to trading on the regulated market of the Madrid Stock Exchange.

The significant shareholders of Corporation Financiera Alba, S.A. are as follow:

                                                            %Total voting rights     % Direct (shares)    % Indirect (shares)  % Voting rights through
                                                                                                                                                                                    financial instruments

BANCA MARCH, S.A.                                   15,022                          15,022
MARCH DELGADO, JUAN                            19,772                         11,747                      8,026
MARCH DELGADO, CARLOS                       20,138                         18,906                     1,232
MARCH DE LA LASTRA, JUAN                      7,084                           5,838                      1,091                      0,155
MARCH JUAN, JUAN                                      4,454                            3,096                      1,255                      4.454
MARCH JUAN, CATALINA                              4,270                            4,270
MARCH DELGADO, GLORIA                          3,700                            3,694                     0,006

There is no shareholder agreement among these shareholders.

Juan, Carlos, Gloria and Leonor March Delgado, together control Banca March, S.A. and own 100% of its share capital. None of them exercises individual control over Banca March, S.A..

 

Company information

Company: Befesa S.A.
46, Boulevard Grande-Duchesse Charlotte L-1330 Luxembourg
Grand Duchy of Luxembourg

LEI: 222100VXGA8L6J4ZWG61
ISIN: LU1704650164

Contact: Rafael Pérez
Email: irbefesa@befesa.com

Internet: www.befesa.com