Major Shareholding Notification • Nov 27, 2017
Major Shareholding Notification
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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.
| 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 |
| 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% |
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.
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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