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Azelis Group NV — Director's Dealing 2023
Jul 14, 2023
3909_mrq_2023-07-14_e0468cc6-00cc-4354-9def-1dbcaa03130e.pdf
Director's Dealing
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Transparency notification
Antwerp (Belgium), July 14, 2023 – 6:00 pm CEST – In accordance with Article 14 of the Belgian Transparency law of 2 May 2007, Azelis Group NV announces that it has received the following transparency notification on July 12, 2023:
• Transparency notification from Public Sector Pension Investment Board/PSP Investments Holding Europe Ltd
1. Summary of the notification
Public Sector Pension Investment Board reported in a notification dated July 12, 2023, that on July 10, 2023, following a disposal of voting securities, its shareholding decreased and crossed downwards the threshold of 5.00% in Azelis Group NV.
On July 10, 2023, Public Sector Pension Investment Board (taking into account the holding of its affiliates) owned 11,951,409 shares with voting rights, representing 4.90% of the total number of shares issued by the company (243,921,719), versus 8.89 % (20,787,122 shares) in the previous notification dated April 11, 2023, based on the total outstanding number of shares issued by the company at that time (233,846,153).
2. Content of the notification
Reason for the notification
Acquisition or disposal of voting securities or voting rights and downward crossing of a threshold.
Notification by
A parent undertaking or a controlling person
Persons subject to the notification requirement
| Name | Address (for legal entities) | |
|---|---|---|
| Public Sector Pension Investment Board |
1250 René-Lévesque Boulevard West, Suite 1400 Montréal, Québec, Canada H3B 5E9 |
|
| PSP Investments Holding Europe Ltd | 10 Bressenden Place 8th Floor - London SW1E 5DH United Kingdom |
Date on which the threshold is crossed
July 10, 2023
Threshold that is crossed (in %)
5%
Denominator
243,921,719
Notified details
| 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 |
|
| Public Sector Pension Investment Board |
0 | 0 | 0 | 0.00% | 0.00% |
| PSP Investments Holding Europe Ltd |
20,787,122 | 11,951,409 | 0 | 4.90% | 0.00% |
| Subtotal | 20,787,122 | 11,951,409 | 4.90% | ||
| TOTAL | 11,951,409 | 0 | 4.90% | 0.00% |
| 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 |
| TOTAL | 0 | 0.00% |
| TOTAL (A & B) | # of voting rights |
% of voting rights |
|
|---|---|---|---|
| CALCULATE | 11,951,409 | 4.90% |
Chain of controlled undertakings through which the holding is effectively held, if applicable
PSP Investments Holding Europe Ltd is controlled by Public Sector Pension Investment Board. All of the shares of the Public Sector Pension Investment Board are directly held by the Government of Canada (his Majesty in right of Canada), by the President of the Treasury Board of Canada, a
Canadian Cabinet Minister. The shares are held by the Minister as a fiduciary on behalf of His Majesty the King in right of Canada, and as a formal requirement of the ministerial office of the President of the Treasury Board, and do not represent any control of PSPIB by the Minister, as these shares are non-voting.
3. Further information
The full transparency notification as well as this press release can be consulted on the Azelis Group NV's website.
For more information, please contact:
Azelis [email protected]
About Azelis
Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry, present in 63 countries across the globe with over 3,800 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 59,000 customers, supported by +2,700 principal relationships, creating a turnover of €4.1 billion (2022). Azelis Group NV is listed on Euronext Brussels under ticker AZE.
Across our extensive network of more than 65 application laboratories, our award-winning staff help develop formulations and provide technical guidance throughout the customers' product development process. We combine a global market reach with a local footprint to offer a reliable, integrated, and unique digital service to local customers and attractive business opportunities to principals. Top industry-rated by Sustainalytics, Azelis is a leader in sustainability. We believe in building and nurturing solid, honest and transparent relationships with our people and partners.
Impact through ideas. Innovation through formulation.