from RECTICEL (EBR:RECT)
Participation notifications by Janus Henderson Group plc and Jupiter Topco LLC
PRESS RELEASE
Regulated information – Inside information
Brussels, 27 July 2026 – 07:00 CET
Disclosure of a transparency notification (Article 14, first paragraph, of the Act of 2 May 2007 on the disclosure of major holdings)
Participation notifications by Janus Henderson Group plc and Jupiter Topco LLC
In accordance with the Act of 2 May 2007 on the publication of important participations in listed companies, Recticel (Euronext: RECT) publishes the following notification:
1. Summary of the two notifications
Recticel (Euronext: RECT) has received two transparency notification dated 6 July 2026, which show that
(1) Janus Henderson Group plc, as a result of the transfer of shares/control on 30 June 2026, now owns 0.0% of the voting rights of the company. It has thus crossed downwards the 5% shareholding threshold and
(2) Jupiter Topco LLC, as a results of the transfer of share/control on 30 June 2026, now owns 7.85% of the voting rights of the company. It has thus crossed upwards the 5% shareholding threshold.
2. Content of the first notification
The notification dated 6 July 2026 contains the following information:
- Reason for the notification: Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer
- Notification by: A parent undertaking or a controlling person
- Persons subject to the notification requirement: Janus Henderson Group plc, having its address at 13 Castle Street, St Helier, Jersey JE1 1ES, UK
- Persons that dispose of voting rights: unknown
- Transaction date: 30 June 2026
- Threshold that is crossed: 5% downwards
- Denominator: 57,068,420
- Details of the notification:
| Holders of voting rights | Previous notification | After the transaction | ||
|---|---|---|---|---|
| Number of voting rights | Number of voting rights | % of voting rights | ||
| Janus Henderson Group plc | 0 | 0 | 0% | |
| Janus Henderson UK (Holdings) Limited | 0 | 0 | 0% | |
| Janus Henderson Investors UK Limited | 2,825,200 | 0 | 0% | |
| TOTAL | 2,825,200 | 0 | 0% | |
- Chain of controlled undertakings through which the participating interest is effectively held: Janus Henderson Group plc, Janus Henderson UK (Holdings) Limited, Janus Henderson Investors UK Limited.
3. Content of the second notification
The notification dated 6 July 2026 contains the following information:
- Reason for the notification: Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer
- Notification by: A parent undertaking or a controlling person
- Persons subject to the notification requirement: Jupiter Topco LLC, having its address at 3rd Floor, 44 Esplanade, St. Helier, JE4 9WG, Jersey, UK
- Persons that dispose of voting rights: unknown
- Transaction date: 30 June 2026
- Threshold that is crossed: 5% upwards
- Denominator: 57,068,420
- Details of the notification:
| Holders of voting rights | Previous notification | After the transaction | ||
|---|---|---|---|---|
| Number of voting rights | Number of voting rights | % of voting rights | ||
| Jupiter Topco LLC | 0 | 0 | 0% | |
| Jupiter Acquisition Limited | 0 | 0 | 0% | |
| Jupiter Company Limited | 0 | 0 | 0% | |
| Janus Henderson Group Limited | 0 | 0 | 0% | |
| Janus Henderson UK (Holdings) Limited | 0 | 0 | 0% | |
| Janus Henderson Investors UK Limited | 0 | 4,478,494 | 7.85% | |
| TOTAL | 0 | 4,478,494 | 7.85% | |
- Chain of controlled undertakings through which the participating interest is effectively held: Jupiter Topco LLC, Jupiter Acquisition Limited, Jupiter Company Limited, Janus Henderson Group Limited, Janus Henderson UK (Holdings) Limited, Janus Henderson Investors UK Limited.
Transparency notices can be consulted on the Recticel website via the link Shareholders | Recticel
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About the Recticel Group
Recticel Group is a leading insulation company headquartered in Belgium, with operations in eight countries across Europe and the US. It offers smart insulation solutions that advance a carbon-free economy and a better quality of life.
Our Insulation Boards division provides high-performance insulation solutions to meet the growing demand for energy efficiency and sustainability in buildings. The insulation boards are marketed by Recticel Insulation, our vacuum insulated panels by Turvac, and our bespoke solutions for tapered and flat roofs by Gradient.
Our Insulated Panels division specialises in premium quality products for the building envelope sector. Trimo enables the highest aesthetic standards and extends architectural capabilities with its mineral wool insulated panels and modular space solutions. Conventional mineral wool and PIR insulated panels are manufactured by Rex Panels & Profiles. The recently acquired Miclar, Kuras and Isopanel focus on downstream services for the insulated panels market.
Within our Acoustic Solutions division, Soundcoat provides highly specialised acoustic engineering capabilities for the aerospace and aviation market, as well as for OEMs and the heavy-duty and transport industries.
At the end of 2025, Recticel Group employed 1,311 people and achieved sales of EUR 655.1 million.
The Science Based Targets initiative (SBTi) approved Recticel Group’s near-term targets for the reduction of Scope 1, 2 & 3 greenhouse gas emissions by 2030 (from base year 2021) and net-zero targets for 2050. The Group is on the CDP A List for Climate Change and holds an EcoVadis Silver medal. Recticel Group is included in the Financial Times list of Europe’s Climate Leaders 2026.
Recticel Group is listed on Euronext in Brussels (Euronext: RECT - Reuters: RECT.BR - Bloomberg: RECT:BB).
Financial calendar
First half year results 2026 28.08.2026 (07:00 AM CET)
Third quarter trading update 2026 29.10.2026 (07:00 AM CET)
Media & Investor Relations
Media & Investor Relations
Jan Vergote
Executive Chairman
vergote.jan@recticel.com
+32 2 775 18 01
Investor Relations
Bart Van den Eede
Chief Financial & Legal Officer
vandeneede.bart@recticel.com
+32 2 775 18 01
Recticel NV
Bourgetlaan 42 avenue du Bourget
1130 Brussels
Belgium
This press release is available in English and Dutch on www.recticel.com.