Release Details

La Hulpe (Belgium), 14 July 2022, 7.00 a.m. CET – Regulated Information – Unifiedpost Group (Euronext: UPG) (Unifiedpost, the Group or the Company) has received a transparency notification from The Capital Group Companies Inc. (CGC) dated 11 July 2022. This transparency notification indicates that Capital Research and Management Company (CRMC - a subsidiary of CGC) as a result of a disposal of shares on 8 July 2022 no longer holds voting rights of the Company. CGC and CRMC have thus crossed in a downward way the thresholds of 5% and 3%.

1. Content of the notification

The notification dated 11 July 2022 contains the following information:

• Reason for the notification:
  • Downward crossing of the lowest threshold.
  • Acquisition or disposal of voting securities or voting rights.
• Notification by: A parent undertaking or controlling person.
• Person subject to the notification requirement: The Capital Group Companies Inc., with registered office at 333 South Hope Street, 55th Fl, Los Angeles, CA U.S.A. 90071.
• Date of the transaction: 8 July 2022.
• Treshold that is crossed: 5% (1). 
• Denominator: 34.546.431.
• Notified details: 

• Full chain of controlled undertakings through which the holding is effectively held:

CGC is the parent company of CRMC and Capital Bank & Trust Company (CB&T). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients.  CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors.  CRMC is the parent company of Capital Group International, Inc. (CGII), which in turn is the parent company of six investment management companies (CGII Management Companies): Capital International, Inc., Capital International Limited, Capital International Sàrl, Capital International K.K., Capital Group Private Client Services Inc, and Capital Group Investment Management Private Limited.  CGII Management Companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Company for its own account.  Rather, the shares reported on the notification dated 11 July 2022 are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

2. Varia

The full transparency notification can be consulted on the Company’s website, here.

(1) Clarification on behalf of the Company in this regard:

In its transparency notification, CGC has reported a downward crossing of the threshold of 5% as a result of the transaction of 8 July 2022. However, as CRMC no longer holds any voting rights as a result of this transaction, there is also a downward crossing of the statutory threshold of 3%. This statutory threshold was introduced by the extraordinary general meeting of the Company on 17 May 2022, and (additionally) communicated by means of a press release on 12 July 2022.

Investor Relations & Media

Sarah Heuninck
+32 491 15 05 09
sarah.heuninck@unifiedpost.com

About Unifiedpost Group

Unifiedpost is a leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time and seamless connections between Unifiedpost’s customers, their suppliers, their customers, and other parties along the financial value chain. With its one-stop-shop solutions, Unifiedpost’s mission is to make administrative and financial processes simple and smart for its customers. Since its founding in 2001, Unifiedpost has grown significantly, expanding to offices in 32 countries, with more than 500 million documents processed in 2021, reaching over 1,600,000 SMEs and more than 2,500 Corporates across its platform today.

Noteworthy facts and figures:

• Established in 2001, with a proven track record
• 2021 turnover € 171 million
• 1400+ employees
• Diverse portfolio of clients across a wide variety of industries (banking, leasing, utilities, media, telecommunications, travel, social security service providers, public organisations, etc.) ranging from large internationals to SMEs
• Unifiedpost Payments, a fully owned subsidiary, is recognised as a payment institution by the National Bank of Belgium
• Certified Swift partner
• International M&A track record
• Listed on the regulated market of Euronext Brussels, symbol: UPG
   

(*) Warning about future statements: The statements contained herein may contain forecasts, future expectations, opinions and other future-oriented statements concerning the expected further performance of Unifiedpost Group on the markets in which it is active. Such future-oriented statements are based on the current insights and assumptions of management concerning future events. They naturally include known and unknown risks, uncertainties and other factors, which seem justified at the time that the statements are made, but may possibly turn out to be inaccurate. The actual results, performance or events may differ essentially from the results, performance or events which are expressed or implied in such future-oriented statements. Except where required by the applicable legislation, Unifiedpost Group shall assume no obligation to update, elucidate or improve future-oriented statements in this press release in the light of new information, future events or other elements and shall not be held liable on that account. The reader is warned not to rely unduly on future-oriented statements.