Participation notification by UBS Group AG
29 April 2024 - 4:30PM
Participation notification by UBS Group AG
Brussels, April 29, 2024, 08:30 CEST - Regulated information
In line with Belgian transparency legislation (Law of May 2,
2007), UBS Group AG recently sent to Solvay the following
transparency notification indicating that they crossed the
threshold of 5%.
The notification, dated April 23, 2024, contains the following
information:
- Reason for the notification:
acquisition or disposal of financial instruments that are treated
as voting securities.
- Notified by: A parent undertaking
or a controlling person
- Date on which the threshold is
crossed: April 17, 2024
- Threshold of direct voting rights
crossed: 5% upwards
- 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, going above 5% on 17th April 2024. This
was caused by an increase in the Trading Book holdings of the
aforementioned entities above 5% and therefore no longer being
exempt from reporting.
- Persons subject to the
notification requirement: UBS Group AG (Bahnhofstrasse 45, 8001
Zürich).
- Press release
- Transparency notification (April 23 2024) UBS Group AG
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