EVS Broadcast Equipment: publication of a trans...

Publication on December 21, 2016, 5.45pm CET
Regulated information
EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)

(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)

EVS Broadcast Equipment has received a transparency notification dated December 20, 2016 indicating that Norges Bank now holds, by virtue of the disposal of voting securities (or voting rights) on December 16, 2016, 2.96% of the voting rights of the company. Norges Bank has therefore crossed down the threshold of 3%.

The notification, dated December 20, 2016, contains the following information:

Reason for the notification: acquisition or disposal of voting securities or voting rights
Notification by: a person that notifies alone
Persons subject to the notification requirement: Norges Bank (the Central Bank of Norway), Bankplassen 2, PO Box 1179 Sentrum, Oslo, 0107, Norway
Transaction date: December 16, 2016
Threshold that is crossed (in %): 3%
Denominator: 13,625,000

Notified details:

A) Voting rights	Previous notification	After the transaction
	# voting rights	# voting rights		% voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Norges Bank	397,468	363,989		2.67%
	TOTAL	363,989	0	2.67%	0.00%

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial Instruments	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
Norges Bank	Shares on loan (right to call)		At any time	39,574	0.29%	Physical
	TOTAL			39,574	0.29%

TOTAL (A & B)		# voting rights	% of voting rights
	TOTAL (A & B)	403,563	2.96%

Full chain of controlled undertakings through which the holding is effectively held:
Norges Bank is the Central Bank of Norway. As part of its central bank activities, Norges Bank manages Norway's foreign exchange reserves and is responsible for management of the Norwegian Government Pension Fund Global (GPFG). The formal responsibility for management of the GPFG is placed with the Ministry of Finance, but is delegated to Norges Bank. All investments are executed by Norges Bank acting as principal and all holdings are registered in the name of Norges Bank.

Additional information:
This notification was triggered by an increase in shares held as collateral.

This press release and the notification are available on the EVS website (www.evs.com).

Shareholders must declare their ownership in EVS shares as soon as their shareholding passes over/under the 3% threshold (required by Company Statutes) and any multiple of 5% thresholds (required by Belgian Law). Notifications of important shareholdings to be made according to the Law of May 2, 2007 and the EVS's bylaws, should be sent to the company (by email [e-mail] or fax [phone]) and to the FSMA. The current number of shares (denominator) to be taken into account is 13,625,000 shares.

ABOUT EVS
EVS is globally recognized as the technology leader for live video production. The company introduced Live Slow Motion replay in 1994, and has continued to build on its reputation for quality and reliability with solutions that enhance live sports, entertainment and news content. Innovations - such as the C-Cast multimedia platform and DYVI IT-based switcher - are raising the bar for live production enrichment, management and distribution. Broadcasters, rights owners, producers and venues alike use EVS to maximize the value of their productions and increase revenue streams. The company is headquartered in Belgium with around 500 employees in offices in Europe, the Middle East, Asia and North America, and provides sales and technical support to more than 100 countries. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, please visit www.evs.com

For more information, please contact:   Yvan ABSIL, Senior Vice President, CFO Geoffroy d'OULTREMONT, Vice President Investor Relations & Corporate Communication EVS Broadcast Equipment S.A., Liege Science Park, 13 rue du Bois Saint-Jean, B-4102 Seraing, Belgium Tel: [phone].  E-mail: [e-mail]; www.evs.com

Forward Looking Statements This press release contains forward-looking statements with respect to the business, financial condition, and results of operations of EVS and its affiliates. These statements are based on the current expectations or beliefs of EVS' management are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. EVS undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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Source: EVS Broadcast Equipment via Globenewswire