Participation notification by UBS Group AG
27 September 2024 - 4:30PM
UK Regulatory
Participation notification by UBS Group AG
Brussels, September 27, 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 3%.
The notification, dated September 24, 2024, contains the
following information:
- Reason for the
notification:
- Acquisition or disposal of
voting securities or voting rights
- Acquisition or disposal of
financial instruments that are treated as voting securities
- Downward crossing of the lowest
threshold
- Notified by: A parent undertaking
or a controlling person
- Date on which the threshold is
crossed: September 18, 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 18 September 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).
- Press release
- 20240924_transparency notification_UBS Group AG
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