option.com
REGULATED INFORMATION – Back to the connectivity roots of Option
Leuven, Belgium – 21 January 2026 – 7:30 AM CET, Option NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI)
Looking back on Crescent NV’s results in 2025, below are some notes regarding a number of achievements realised during the second half of 2025, i.e. after Remoticom BV’s partial exit.
– Immediate recovery of operating results
Thanks to the elimination of operating losses at Remoticom, the group produced positive contributions (EBITDA) in all divisions (Option + SAIT + IPL = +€100,000 in 2H25 compared to minus €330,000 in 1H25). Although Crescent’s turnover will remain just below €10 million in 2025 (excluding Remo), it will end the year with a substantial order book of more than €3.2 million, which will be carried over to the first half of 2026.
– New strategy at Option
At the same time, the group embarked on an ambitious development program to renew and upgrade its portfolio for gateways and to regain a leading position in the field of secure and reliable IoT connectivity. (restoration of technological leadership in the core). The new CloudGate NXS product line has been enthusiastically received by Option’s customers and will be the driving force behind Option’s ambitious growth plans for 2026. (Targeting a doubling of Option’s turnover in 2026)
– Restoration of equity
In order to restore equity capital to a positive level, a capital injection of 3.8 million euros was completed on 30 December by VZH NV as reference shareholder.
– Substantial reduction in financial charges
All other external financial obligations, including all bank debts, were repaid (+2.3 million), in part thanks to the contributions of several new investors to support Option’s growth. This will prove very useful in allowing the company to focus on achieving its growth objectives rather than having to repay financial obligations.
Back to connectivity roots of Option NV
To mark the end of the turnaround at Option NV and to underline the large potential for profitable growth, the board of directors decided to change the company’s name to Option NV in order to capitalise on its historical reputation for leadership and technological excellence in international markets. Combined with turnarounds already realized at SAIT and IPL in prior years, the new Option group is now poised to generate convincing results and solid returns for its shareholders.
CONTACT
Edwin Bex
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: investor@option.com
www.option.com
REGULATED INFORMATION – Crescent Share Consolidation
Leuven, Belgium – 5 January 2026 – 6:00 PM CET, Crescent NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI)
Crescent (Euronext Brussel: OPTI) ) announced today that its Board of Directors, authorized by the General Meeting of May 31, 2025, will proceed with a consolidation of all existing shares. This consolidation will be carried out at a ratio of one (1) new share for one thousand (1,000) existing shares.
The purpose of this reversed stock split is to promote the marketability and liquidity of the shares.
Details of the consolidation:
- Consolidation ratio: 1 new share for 1,000 existing
- Number of shares subject to consolidation: 534.641.145 shares.
- ISIN code of old non-consolidated shares: BE0003836534
- Number of shares resulting from the consolidation: 534.641 shares.
- ISIN code of new consolidated shares: BE0974496284]
- Operation schedule:
CONSOLIDATION OPERATION
Last trading day of old shares 19 January 2026
First trading of new shares 20 January 2026
Record date 21 January 2026
Delivery date of new shares (Payment date) 22 January 2026
Payment in cash of the proceeds from the sale of the new shares resulting from the consolidation of fractional shares to shareholders who did not hold a number of shares corresponding to a multiple of 1000
30 January 2026
All operations related to the share consolidation will take place at Euronext Brussels.
Treatment of multiples of 1,000: Shareholders holding a number of old shares forming a multiple of 1,000 have no steps or formalities to complete. These shares will be automatically consolidated by their financial intermediary at a ratio of one (1) new share for one thousand (1,000) old shares.
Management of Fractional Shares: Shareholders who do not hold a number of old shares forming a multiple of 1,000 can buy or sell shares on the market to obtain this multiple up until January 19, 2026.
After January 19, 2026, the financial intermediaries and ABN AMRO Bank NV in cooperation with Euroclear Belgium will facilitate the sale of new shares formed by the fractional shares to compensate shareholders who do not hold a number of shares forming a multiple of 1,000. Alongside any other potential buyers, Van Zele Holding will be in the market to buy fractional shares sold.
The funds thus collected, minus any brokerage fees, will be distributed by ABN AMRO and the financial intermediaries pro rata to the shareholders based on the number of old shares previously held provided that the net proceeds to be received by a shareholder for their position with a financial intermediary is at least equivalent to one euro cent (EUR 0.01).
Shareholders who do not have the required amount to obtain new shares and whose fractional shares amount is less than one euro cent (EUR 0.01) will not receive either shares or fractional shares in cash.
Shareholders will receive cash compensation corresponding to the fractional shares they held in proportion to the net proceeds from the sale of the fractional shares that have been sold, provided that the net proceeds are not less than one euro cent (EUR 0.01).
Delisting: Non-consolidated shares at the end of the consolidation period will be delisted.
Centralization: All operations related to the share consolidation will be done by ABN AMRO Bank NV in cooperation with Euroclear Belgium.
CONTACT
Edwin Bex
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: investor@option.com
www.option.com
REGULATED INFORMATION – Disclosure on a transparency notification (Article 14(1) of the Law of 2 May 2007 on disclosure of major shareholdings)
Leuven, Belgium – 5 January 2026 – 6:00 PM CET, Crescent NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI) – CRESCENT NV, renamed to “OPTION” NV, (EURONEXT: OPTI), has received on 31 December 2025 a transparency notification from VAN ZELE HOLDING NV, indicating that the 35% participation threshold had been exceeded. The relevant details of this transparency notification are as follows:
1/ VAN ZELE HOLDING NV
Reason for notification:
Acquisition or transfer of voting securities or voting rights.
Notification by:
A parent company or a controlling person.
Person subject to notification:
VAN ZELE HOLDING NV, 1880 KAPELLE-OP-DEN-BOS, Ipsvoordestraat 61
Eric VAN ZELE
Date of threshold crossing:
30/12/2025
Threshold exceeded:
As a result, the threshold of 35% was exceeded.
Denominator: Total number of shares:
2.534.641.145
Detail of notification:
| A) Voting rights | Previous notification | After the transaction | |||
| # voting rights | # voting rights | % voting rights | |||
| Holders of voting rights | Linked to securities | Separate from effects | Linked to securities | Separate from effects | |
| Eric VAN ZELE | 0 | 0 | 0 | 0.00% | 0.00% |
| VAN ZELE HOLDING NV | 477.028.424 | 955.410.359 | 0 | 37,69% | 0,00% |
| TOTAL | 955.410.359 | 0 | 37,69% | 0,00% | |
Complete chain of controlled companies through which the shareholding is actually held:
Eric VAN ZELE controls VAN ZELE HOLDING NV.
Additional information: VZH invokes the exemption provided for in Article 52, § 1, 4°, of the takeover decree of 27 April 2007, as a result of which VZH is not obliged to make a mandatory bid for all securities issued by the target company, despite exceeding the threshold. This is an exception in the context of a subscription to a capital increase of a company in difficulty, as referred to in Article 7:228 of the Companies and Associations Code, and decided upon by the general shareholders meeting of the Company dd.30.05.2025.
More details are available on Company’s website: https://option.com/.
In accordance with the Articles of Association, the threshold from which a holding must be disclosed was set at 3%.
CONTACT
Edwin Bex
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: investor@option.com
www.option.com
Crescent Board of Directors
The articles of association stipulate that the Board of Directors is composed of at least three and not more than nine members, appointed by the general shareholders’ meeting for a period of not more than six years. The Board of Directors must include at least three independent directors.
The Board of Directors is currently composed of five members, Van Zele Holding represented by Eric Van Zele (Chairman of the Board of Directors), Raju Dandu, Michiels Invest & Management BV represented by Johan Michiels, Luc Boedt and Geistesblizz represented by Eva Wimmers and Nick Vermeersch.
Mr Eric Van Zele is currently executive chairman and managing director of Crescent NV and chairman of the E17 hospital network and the Hermes decision-making committee of the Flemish Agency for Innovation and Entrepreneurship. Prior to those mandates, Eric was chairman of Reynaers aluminium and a director of the Vandewiele group until 2022. From 2009 to 2016, he was CEO of Barco NV in Kortrijk. Before that, he was CEO of Pauwels International (from 2004 to 2008) and of Telindus nv (2000 to 2003). Before that, he was Vice President of Raychem Corporation in Menlo park, CA, USA and Managing Director of Raychem nv in Leuven, Belgium. (1972 to 1999). He was nominated as “Manager of the Year in 2012” and “ICT Personality of 2013”. Eric holds a degree in civil engineering in electrical and mechanical engineering from KUL (Leuven 1972) and a postgraduate degree in management from Stanford University (1992 CA, USA).
Mr Raju S. Dandu is the founder-chairman of Danlaw Inc. USA. He is also the Managing Director of Danlaw Technologies India Ltd. He is responsible for the strategic planning and business management of both companies. Prior to founding Danlaw Inc, he held positions at University of Iowa Hospitals, Ford Motor Company, Dana Corporation and worked as an independent consultant with General Motors. He holds a bachelor’s degree in electrical engineering from Kakinada, India, a master’s degree in electronics from the University of Iowa and an MBA from the University of Detroit.
Johan Michiels is owner and director of Michiels Invest En Management (M.I.M.), Agents and brokers in banking services.
In 1979, Luc Boedt started as a study leader in the Department of Soil Science at the University of Ghent, and was responsible for several missions in Europe and overseas countries such as Indonesia, Mali, Congo and Senegal. In 1985, he became General Director of OKOMU Oil Palm Cy, located in Nigeria, where he was mainly involved in feasibility studies for oil palm and rubber development. Over the Years, he completed several more missions in the Far East, Africa and Brazil. From 1988, he became Managing Director of; MICHELIN Ivory Coast (1988 – 1992), SOCFINCO Belgium (1992 – December 2011) and SOCFINCO FR S.A. Switzerland (since December 2011). In 2020, he was nominated chairman of Socfinaf. He will end this presidency in 2022 to take up the position of Chairman of the Board of Directors.
Eva Wimmers has held top positions at global players like Deutsche Telekom Group, T-Systems, BUYIN, T-Mobile, Huawei, Honor, and ISS Services. She has served on various boards, focusing on bringing companies into the digital age, driving international growth, and embracing ESG as a chance.
Nowadays, Eva focusses on growing Startups in high-growth areas such as AI, SaaS, and MediaTech. Secondly, she focusses on her role as a Senior Partner for Tech/IT globally at Cukiermann, a major international Investment House to support customers selling their businesses or finding the right targets.
Additionally, she is founder of Geistesblizz GmbH, a Boutique Matchmaker, M&A and Consulting Company for SMEs, Startups and Scale-ups.
She’s known for her expertise in leading change, driving growth, and starting new ventures. She has a reputation for transforming businesses, enhancing performance, building relationships, encouraging innovation, stimulating growth and creating value. Eva transforms people into leaders and ideas into action.
Eva received three bachelor’s degrees. A Bachelor of Laws in 1991 from the Institute of Law and Finance in Frankfurt, a Bachelor in Studies of Business Management at the San Diego State University, and a Bachelor of Management and Business Administration at the Webster University.
As a token of her expertise, Eva has won several awards such as the Award of Excellence (2016), Influential Businesswoman Award (2024) and the Business Matchmaking CEO of the Year (2023 & 2024).
Dr Nick Vermeersch obtained his medical degree (cum laude) from the Vrije Universiteit Brussel, where he went on to specialise as an anaesthetist-resuscitator and emergency physician. Since 2009, he has been working at AZ Sint-Maria in Halle, where he has held various management positions, including head of the emergency department and interim chief physician. He combines broad clinical expertise with a strong interest in management and innovation in healthcare, supported by training at Vlerick Business School and a masterclass in artificial intelligence in healthcare. Dr. Vermeersch is also co-founder and board member at Ecotarian.
REGULATED INFORMATION – Disclosure pursuant to Article 15 of the Act of 2 May 2007 (the Transparency Act) and announcement of the results of the Extraordinary General Meeting of 30 December 2025
Leuven, Belgium – 30 December 2025 – 6:00 PM CET, Crescent NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI) held an Extraordinary General Meeting on 30 December 2025. The shareholders approved all items on the agenda of the Extraordinary General Meeting.
The Company’s capital was increased by EUR 415,929.17 on 30 December 2025 as a result of a contribution in kind of a debt claim by VAN ZELE HOLDING NV, whereby it was decided to book the value of the contribution in excess of the fractional value in the amount of EUR 3,368,070 83, to be booked to the issue premium, all this against the issue of 540,571,428 new shares. In determining the issue price for the new shares, being EUR 0.007 per share, the board of directors based its decision on the Company’s net asset value and the evolution of the share price.
Following completion of this capital increase and the issue of 540,571,428 new shares, the Company’s total capital amounts to EUR 1,950,216.25. From that same date, the capital will be represented by 2,534,641,145 fully paid-up ordinary shares (=the denominator), which will be reduced to 2,534,641 new shares as a result of the announced share consolidation at the beginning of 2026. Van Zele Holding NV’s interest in Crescent NV was increased to 38%.
There are no preference shares. Each of these shares confers one voting right at the General Meeting and these shares therefore represent the denominator for the purposes of notifications under the transparency regulations (i.e. notifications in the event of reaching, exceeding or falling below the statutory or legal thresholds).
Noteworthy is the decision to change the Company’s name from Crescent to Option, confirming its renewed strategic focus and leveraging Option’s brand recognition in the market sector to support the launch of its new IoT gateway product release, the Cloudgate NXS.
All documents relating to the Extraordinary General Meeting of 30 December 2025 can be consulted on the website.
In accordance with the articles of association, the threshold above which a shareholding must be disclosed was set at 3%.
CONTACT
Edwin Bex
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: investor@option.com
www.crescent-ventures.com
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