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Quinenco crosses thresholds in NEXANS capital

Stock price chart of NEXANS (EPA:NEX) showing fluctuations.

The Quinenco group recently crossed important thresholds in the capital of NEXANS. According to the letter received on November 26, 2024, Quinenco held 14.21% of the capital and voting rights of NEXANS following a sale of shares. This transaction was carried out off-market via an "accelerated book building".

Quinenco’s shareholding breakdown shows that Invexans Limited (UK) holds the majority with 14.19%, while Andronico Luksic Craig, Francisco Perez Mackenna, and Oscar Hasbun Martinez hold marginal shares respectively. This transaction marks an individual downward crossing of the same thresholds by Invexans Limited (UK).

R. E.

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