We would like to inform you that Argos Wityu, our private main shareholder, has confirmed their confidence in the future of Lineas by increasing the share in our company to 90%. This call option was already part of the 2015 agreement when Argos Wityu entered the company. The remaining 10% of the shares remains with SNCB.
This share increase to 90% does not affect the status of our seconded colleagues*. We have clear agreements with SNCB and the conditions of secondment remain the same.
Private-equity group Argos Wityu, together with Lineas management, holds 90% of the shares. This call option was already included in the 2015 agreements and was taken up in December 2019. It certainly shows Argos Wityu’s confidence in the future of the company. The remaining 10% is still held by SNCB.