X-FAB: Publication of a transparency notification

TESSENDERLO, Belgium--()--Regulatory News:

PRESS RELEASE

Regulated information

Publication of a transparency notification

1. Summary of the notification

X-FAB Silicon Foundries SE, listed on Euronext Paris, has received on 8 May 2017 a transparency notification dated 3 May 2017. This transparency notification indicates that, by virtue of a disposal of shares by Sarawak Technology Holdings Sdn. Bhd. through the exercise of the over-allotment option (see press release as of 28 April 2017) on 2 May 2017, Roland Duchâtelet, Françoise Chombar, Rudi De Winter and Xtrion NV on the one hand and the State Financial Secretary of Sarawak, Malaysia and Sarawak Technology Holdings Sdn. Bhd. on the other hand have fallen below the threshold of 60% of the total number of voting rights in X-FAB Silicon Foundries SE. Therefore, they now hold together 59.22% of the voting rights of X-FAB Silicon Foundries SE.

This publication is made by X-FAB Silicon Foundries SE pursuant to the Belgian law of 2 May 2007 on disclosure of major holdings.

2. Content of the notification

The notification dated 3 May 2017 contains the following information:

  • Reason for the notification

Acquisition or disposal of voting securities or voting rights

  • Notification by
  • A parent undertaking or a controlling person;
  • Persons acting in concert.
  • Persons subject to the notification requirement
  • State Financial Secretary, Sarawak;
  • Sarawak Technology Holdings Sdn. Bhd.;
  • Roland Duchâtelet;
  • Françoise Chombar;
  • Rudi De Winter;
  • Xtrion NV.
  • Persons that dispose of voting rights

Sarawak Technology Holdings Sdn. Bhd

  • Transaction date

02/05/2017

  • Threshold that is crossed (in %)

60

  • Denominator

130,781,669

  • Notified details
A) Voting rights   Previous notification   After the transaction
    # of voting rights   # of voting rights   % of voting rights
Holders of voting rights       Linked to securities   Not linked

to the securities

  Linked to securities   Not linked

to the securities

State Financial Secretary, Sarawak   0   0       0.00%    
Sarawak Technology Holdings Sdn. Bhd.   18,248,694   14,948,655       11.43%    
Subtotal   18,248,694   14,948,655       11.43%    
Roland Duchâtelet   125,724   125,724       0.10%    
Elex NV   1,005,996   1,005,996       0.77%    
Françoise Chombar   37,716   37,716       0.03%    
Rudi De Winter   37,716   37,716       0.03%    
Sensinnovat BVBA   0   0       0.00%    
Stichting Administratiekantoor XPEQT   0   0       0.00%    
Xtrion NV   61,141,179   61,141,179       46.75%    
X-FAB Silicon Foundries SE   0   0       0.00%    
X-FAB Semiconductor Foundries AG   149,748   149,748       0.11%    
TOTAL       77,446,734   0   59.22%   0.00%
  • Chain of controlled undertakings through which the holding is effectively held

State Financial Secretary, Sarawak holds all shares in Sarawak Technology Holdings Sdn. Bhd., which in turn holds 11.43% in X-FAB Silicon Foundries SE. Xtrion NV holds 46.75% of the shares in X-FAB Silicon Foundries SE and can currently be considered to control de facto the latter. Xtrion NV's shares are owned by Stichting Administratiekantoor Xpeqt (99.99%), Roland Duchâtelet and Rudi De Winter. Stichting Administratiekantoor Xpeqt is owned by Sensinnovat BVBA (which is jointly controlled by Rudi De Winter and Françoise Chombar) and by Elex NV (which is fully controlled by Roland Duchâtelet). Elex NV, Roland Duchâtelet, Rudi De Winter and Françoise Chombar also directly own shares in X-FAB Silicon Foundries SE. X-FAB Semiconductor Foundries AG is a wholly owned subsidiary of X-FAB Silicon Foundries SE and holds 0.1% shares in its mother company.

  • Additional information

On 5 April 2017, Xtrion NV and Sarawak Technology Holdings Sdn. Bhd. entered into a shareholders' agreement relating to X-FAB Silicon Foundries SE. This shareholders agreement provides for the allocation of directors seats and voting commitments in the shareholders' meeting relating to the long-term policy of X-FAB Silicon Foundries SE. Xtrion NV and Sarawak Technology Holdings Sdn. Bhd. could therefore be considered to be acting in concert.

3. Miscellaneous

The notification can be consulted on the website of X-FAB Silicon Foundries SE via this link:

www.xfab.com/fileadmin/X-FAB/Investor_Relations/Joint_Transparency_Notification_09May2017.pdf

About X-FAB

X-FAB is the leading analog/mixed-signal and MEMS foundry group manufacturing silicon wafers for automotive, industrial, consumer, medical and other applications. Its customers worldwide benefit from the highest quality standards, manufacturing excellence and innovative solutions by using X-FAB’s modular CMOS processes in geometries ranging from 1.0 to 0.13 µm, and its special BCD, SOI and MEMS long-lifetime processes. X-FAB’s analog-digital integrated circuits (mixed-signal ICs), sensors and micro-electro-mechanical systems (MEMS) are manufactured at six production facilities in Germany, France, Malaysia and the U.S. X-FAB employs approximately 3,800 people worldwide. For more information, please visit www.xfab.com

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Contacts

X-FAB
Uta Steinbrecher
Tel: +49 361 427 6489
E-Mail: uta.steinbrecher@xfab.com

Contacts

X-FAB
Uta Steinbrecher
Tel: +49 361 427 6489
E-Mail: uta.steinbrecher@xfab.com