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Solvay SA — Director's Dealing 2023
Dec 20, 2023
4005_mrq_2023-12-20_76bef6c3-ad47-4a56-870e-129ad7c465a6.pdf
Director's Dealing
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Press release Regulated information
Participation notification by Blackrock Inc.
Brussels, December 20, 2023, 08:30 CET
According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (50 Hudson Yards, New York, NY, 10001, U.S.A.) recently sent to Solvay the following transparency notification indicating that it crossed the threshold of 3%. Here is a summary of the move:
The notification, dated December 14, 2023, 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
- Notified by: BlackRock Inc. (50 Hudson Yards, New York, NY, 10001, U.S.A.)
- Date on which the threshold is crossed: December 11, 2023
- Threshold of direct voting rights crossed: 3% downwards
- Denominator: 105,876,416
- Additional information: The disclosure obligation arose due to total holdings in voting rights for BlackRock, Inc. going below 3%. Additionally, voting rights attached to shares for BlackRock, Inc. went below 3%.
- Persons subject to the notification requirement:
| Name | Address (for legal entities) | |
|---|---|---|
| BlackRock, Inc. | 50 Hudson Yards, New York, NY, 10001, U.S.A. | |
| BlackRock (Singapore) Limited | 20 Anson Road #18-01, Singapore, 79912, Singapore | |
| BlackRock Advisors (UK) Limited | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. | |
| BlackRock Advisors, LLC | 50 Hudson Yards, New York, NY, 10001, U.S.A. | |
| BlackRock Asset Management Canada Limited | 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada | |
| BlackRock Asset Management North Asia Limited | 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central, Hong Kong |
|
| BlackRock Financial Management, Inc. | 50 Hudson Yards, New York, NY, 10001, U.S.A. | |
| BlackRock Fund Advisors | 400 Howard Street, San Francisco, CA, 94105, U.S.A. | |
| BlackRock Institutional Trust Company, National Association |
400 Howard Street, San Francisco, CA, 94105, U.S.A. | |
| BlackRock International Limited | Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K. | |
| BlackRock Investment Management (Australia) Limited |
Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia | |
| BlackRock Investment Management (UK) Limited | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. | |
| BlackRock Investment Management, LLC | 1 University Square Drive, Princeton, NJ, 8540, U.S.A. | |
| BlackRock Japan Co., Ltd. | 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan | |
| Aperio Group, LLC | 3 Harbor Dr Suite 204, Sausalito, CA 94965, United States |
● 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 |
||
| BlackRock, Inc. | $\mathbf{0}$ | $\mathbf{0}$ | 0.00% | |||
| BlackRock (Singapore) Limited | 38,625 | 22.377 | 0.02% | |||
| BlackRock Advisors (UK) Limited | 414.268 | 101.191 | 0.10% | |||
| BlackRock Advisors, LLC | 164,592 | 130.446 | 0.12% | |||
| BlackRock Asset Management Canada Limited |
106,866 | 92,504 | 0.09% | |||
| BlackRock Asset Management Deutschland AG |
113.432 | $\mathbf{0}$ | 0.00% | |||
| BlackRock Asset Management North Asia Limited |
4,090 | 1,103 | 0.00% | |||
| BlackRock Financial Management, Inc. | 200,069 | 126.284 | 0.12% | |||
| BlackRock Fund Advisors | 1.142.613 | 872.668 | 0.82% | |||
| BlackRock Institutional Trust Company, National Association |
1,498.611 | 789,778 | 0.75% | |||
| BlackRock International Limited | 23,829 | 3.536 | 0.00% | |||
| BlackRock Investment Management (Australia) Limited |
65,821 | 18,835 | 0.02% | |||
| BlackRock Investment Management (UK) Limited |
67,062 | 29.958 | 0.03% | |||
| BlackRock Investment Management, LLC |
95,977 | 28.919 | 0.03% | |||
| BlackRock Japan Co., Ltd. | 210,686 | 19,798 | 0.02% | |||
| Aperio Group, LLC | 22,152 | 26.741 | 0.03% | |||
| Subtotal | 4,168,694 | 2,264,139 | 2.14% | |||
| TOTAL | 2,264,139 | $\bullet$ | 2.14% | 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 |
| BlackRock Advisors (UK) Limited | Securities Lent | 46.808 | 0.04% | physical | ||
| BlackRock Institutional Trust Company, National Association |
Securities Lent | 4.273 | 0.00% | physical | ||
| BlackRock Investment Management (UK) Limited |
Securities Lent | 107,398 | 0.10% | physical | ||
| BlackRock Advisors, LLC | Contract Difference | 80,507 | 0.08% | cash | ||
| BlackRock Financial Management, Inc. | Contract Difference | 68.856 | 0.07% | cash | ||
| BlackRock Institutional Trust Company, National Association |
Contract Difference | 121.312 | 0.11% | cash | ||
| BlackRock Investment Management (UK) Limited |
Contract Difference | 2,811 | 0.00% | cash | ||
| BlackRock Investment Management, LLC. |
Contract Difference | 1,471 | 0.00% | cash | ||
| Aperio Group, LLC | Depositary Receipt | 47 | 0.00% | |||
| TOTAL | 433,483 | 0.41% |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 2,697,621 | 2.55% |
Transparency notifications and the full chain of controlled undertakings through which the holding is effectively held is available on the Investor Relations Section of Solvay's website.
Contacts
Peter Boelaert +32 479 30 91 59
Laetitia Van Minnenbruggen +32 484 65 30 47
Kimberly King + 1 470 464 4336
Media relations Investor relations
Geoffroy d'Oultremont +32 478 88 32 96
Vincent Toussaint +33 6 74 87 85 65
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. As a world-leading company with €5.6 billion in net sales in 2022 and listings on Euronext Brussels and Paris (SOLB), its unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. For more information about Solvay, please visit solvay.com or follow Solvay on Linkedin.
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