Participation notification by UBS Group AG
15 October 2024 - 2:45AM
UK Regulatory
Participation notification by UBS Group AG
Brussels, October 14, 2024, 17:45 CEST - Regulated
information
In line with Belgian transparency legislation (Law of May 2,
2007), UBS Group AG recently sent to Solvay the following
transparency notifications indicating that they crossed different
thresholds. Here is a summary:
Date on which the threshold was crossed |
Voting rights after the transaction |
Equivalent financial instruments after the transaction |
Total after the transaction |
October 4, 2024 |
0.54% |
4.72% |
5.26% |
October 7, 2024 |
/ |
/ |
/ |
The latest notification, dated October 10, 2024, contains the
following information:
- Reason for the
notification:
- Acquisition or disposal of
voting securities or voting rights
- Downward crossing of the lowest
threshold
- Notified by: A parent undertaking
or a controlling person
- Date on which the threshold is
crossed: October 7, 2024
- Threshold of direct voting rights
crossed: 3% downwards
- Denominator:
105,876,416
- Additional information: The
disclosure obligation arose due to the total indirect holdings of
UBS Group AG in voting rights of Solvay SA, held directly by
controlled undertakings falling below 3% on October 7, 2024. This
was caused by a reduction in the Trading Book holdings of the
aforementioned entities below 5% and therefore being exempt from
reporting.
- Persons subject to the
notification requirement: UBS Group AG (Bahnhofstrasse 45, 8001
Zürich).
Contacts
Media relations |
Investor relations |
Peter Boelaert
+32 479 30 91 59
Laetitia Van Minnenbruggen
+32 484 65 30 47
media.relations@solvay.com |
Boris Cambon-Lalanne
+32 471 55 37 49
Geoffroy d’Oultremont
+32 478 88 32 96
Vincent Toussaint
+33 6 74 87 85 65
investor.relations@solvay.com |
About Solvay
Solvay, a pioneering chemical company with a legacy rooted in
founder Ernest Solvay's pivotal innovations in the soda ash
process, is dedicated to delivering essential solutions globally
through its workforce of over 9,000 employees. Since 1863, Solvay
harnesses the power of chemistry to create innovative, sustainable
solutions that answer the world’s most essential needs such as
purifying the air we breathe and the water we drink, preserving our
food supplies, protecting our health and well-being, creating
eco-friendly clothing, making the tires of our cars more
sustainable and cleaning and protecting our homes. Solvay’s
unwavering commitment drives the transition to a carbon-neutral
future by 2050, underscoring its dedication to sustainability and a
fair and just transition. As a world-leading company with €4.9
billion in net sales in 2023, Solvay is listed on Euronext Brussels
and Paris (SOLB). For more information about Solvay, please visit
solvay.com or follow Solvay on Linkedin.
- Press release
- 20241004_UBS_transparency notification
- 20241007_UBS_transparency notification
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