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Solvay SA

Major Shareholding Notification Nov 27, 2017

4005_mrq_2017-11-27_7b5741af-0d1a-46bd-87f2-7326ea3f0d83.pdf

Major Shareholding Notification

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PARTICIPATION NOTIFICATION BY SOLVAC SA

Brussels, Monday November 27, 2017, 8h00 --- According to the Belgian transparency legislation in force (Law of May 2, 2007), SOLVAC SA, located at Rue des Champs Elysées 43 – 1050 Brussels – Belgium, has notified Solvay SA that on November 15, SSOM crossed upwards the statutory declaration threshold of 3% of the existing voting rights emitted by Solvay SA, whereby the combined holding by Solvac and SSOM reached 33.71% of the existing voting rights.

SOLVAC SA is presumed to exercise de facto control over Solvay SA, and therefore SSOM, on the basis of Article 5, §3, 2nd paragraph of the Belgian companies code.

The declaration by SOLVAC SA is published in the Investor Relations Section of Solvay's website.

Notification received on November 21, 2017

  • Reason for the notification: Acquisition of voting securities or voting rights
  • Notified by: SOLVAC SA (Rue de Champs Elysées 43 1050 Brussel Belgium)
  • Persons subject to the notification requirement:
Name Address (for legal entities)
SOLVAC SA Rue de Champs Elysées 43 – 1050 Brussels – Belgium
SOLVAY SA Rue de Ransbeek 310 – 1120 Neder-Over-Heembeek – Belgium
SOLVAY CHEMICALS INTERNATIONAL SA Rue de Ransbeek 310 – 1120 Neder-Over-Heembeek – Belgium
SOLVAY STOCK OPTION MANAGEMENT SPRL Rue de Ransbeek 310 – 1120 Neder-Over-Heembeek – Belgium
  • Date on which the threshold is crossed: November 15, 2017
  • Threshold crossed: 3% upward (lowest declaration threshold)
  • Denominator: 105,876,416
  • Notification details: The voting rights and equivalent financial instruments total 35,693,640 voting rights or 33.71%.
A) Voting rights Previous
notification
After the transaction
# of voting
rights
# of voting rights % of voting rights
Holders of voting rights Linked to
securities
Not linked to
the securities
Linked to
securities
Not linked to
the securities
SOLVAC SA 32,511,125 32,511,125 30.71%
SOLVAY SA 0 0 0.00%
SOLVAY CHEMICALS INTERNATIONAL SA 0 0 0.00%
SOLVAY STOCK OPTION MANAGEMENT SPRL 2,457,252 2,472,641 2.34%
Subtotal 34,983,766 0 33.04% 0.00%

Ce communiqué de presse est également disponible en français. - Dit persbericht is ook in het Nederlands beschikbaar.

B) Equivalent financial
instruments
After the transaction
Holders of equivalent
financial instruments
Type of financial
instrument
Expiration
date
Exercise
period or
date
# of voting rights that
may be acquired if the
instrument is
exercised
% of voting
rights
Settlement
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 16/03/2020 150,000 0.14% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 24/03/2021 106,400 0.10% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 23/02/2022 95,760 0.09% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 24/02/2023 87,214 0.08% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 23/02/2024 190,500 0.18% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 21/02/2025 20,000 0.02% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 21/02/2025 20,000 0.02% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 24/02/2025 20,000 0.02% Physical
SOLVAY STOCK OPTION
MANAGEMENT SPRL
Call option 24/02/2025 20,000 0.02% Physical
Subtotal 709,874 0.67%

Chain of control

Solvay Stock Option Management SPRL is owned by Solvay Chemicals International SA (99.99%) and by Solvay Participations Belgique SA, which are themselves owned by Solvay SA (99.99%) and Financière Solvay SA.

Solvac SA is presumed to exercise de facto control over Solvay SA on the basis of Article 5, §3, 2nd paragraph of the Belgian companies code.

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Solvay is a multi-specialty chemical company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers in diverse global end markets. Its products and solutions are used in planes, cars, smart and medical devices, batteries, in mineral and oil extraction, among many other applications promoting sustainability. Its lightweighting materials enhance cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 24,500 employees in 58 countries. Net sales were €9.7 billion in 2016, with 90% from activities where Solvay ranks among the world's top 3 leaders. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR) and in the United States its shares (SOLVY) are traded through a level-1 ADR program.

+32 2 264 1530 +32 2 264 3694 +1 9733573283 +32 2 264 1540 +32 2 264 3687

Caroline Jacobs Kimberly Stewart Jodi Allen Geoffroy Raskin Bisser Alexandrov Media Relations Investor Relations Investor Relations Investor Relations Investor Relations

Ce communiqué de presse est également disponible en français. - Dit persbericht is ook in het Nederlands beschikbaar.

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