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UCB Director's Dealing 2017

May 23, 2017

4017_mrq_2017-05-23_3c87fcfd-d582-43a7-a907-0e88b93a974c.pdf

Director's Dealing

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Transparency notifications BlackRock, Inc.

Brussels (Belgium), 23 May 2017 – 20:10 (CEST) – regulated information

1. Summary of the notifications

Pursuant to Article 14 of the law of 2 May 2007 on the disclosure of large shareholdings, UCB SA/NV announces that it has received 4 transparency notifications, dated 17, 18,19 and 22 May 2017 respectively, from BlackRock, Inc. (having its registered offices at 55 East 52nd Street, New York, NY, 10055, U.S.A.).

In the first notification, BlackRock, Inc. has notified that, following a disposal of UCB shares with voting rights by its affiliates, its shareholding in UCB SA/NV has decreased and has crossed downward the 3% threshold of voting rights on 16 May 2017.

In the second notification, BlackRock, Inc. has informed that, following an acquisition of UCB shares with voting rights by its affiliates, its shareholding in UCB SA/NV has increased and has crossed the 3% threshold of voting rights again on 17 May 2017.

In the third notification, BlackRock, Inc. has notified that, following a disposal of UCB shares with voting rights by its affiliates, its shareholding in UCB SA/NV has decreased and has crossed downward the 3% threshold of voting rights on 18 May 2017.

In the last notification, BlackRock, Inc. has informed that, following an acquisition of UCB shares with voting rights by its affiliates, its shareholding in UCB SA/NV has increased and has crossed the 3% threshold of voting rights again on 19 May 2017.

On 16 May 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 795 762 UCB shares with voting rights (versus 5 848 791 UCB shares in its previous notification dated 15 May 2017), representing 2.98% of the total number of shares issued by the company (194 505 658) (versus 3.01% in the notification dated 15 May 2017).

On 19 May 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 937 205 UCB shares with voting rights, representing 3.05% of the total number of shares issued by the company.

2. Content of the notifications

The information mentioned hereafter was identical in all these notifications:

  • Reason for the notification: Acquisition or disposal of voting securities or voting rights.
  • Notification by: A parent undertaking or a controlling person.

  • Threshold crossed (in %): 3%.

  • Denominator: 194 505 658.
  • Chain of controlled undertakings through which the holding is effectively held:

Please see the full chain of control in the PDF which is attached to the notifications.

The transparency notification dated 17 May 2017 includes the following specific information:

Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
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 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany
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 Capital Management, Inc. 100 Bellevue Parkway, Wilmington, 19809, U.S.A.
BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, 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
  • Date on which the threshold is crossed: 16 May 2017.
  • 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. 0 0 0,00%
BlackRock (Netherlands) B.V. 18.125 18.125 0,01%
BlackRock (Singapore) Limited 6.980 6.980 0,00%
BlackRock Advisors (UK) Limited 762.527 718.760 0,37%
BlackRock Advisors, LLC 71.369 70.840 0,04%
BlackRock Asset Management
Canada Limited
59.276 58.845 0,03%
BlackRock Asset Management
Deutschland AG
231.614 231.240 0,12%
BlackRock Asset Management North
Asia Limited
760 760 0,00%
BlackRock Capital Management, Inc. 193 83 0,00%
BlackRock Financial Management,
Inc.
71.207 64.375 0,03%
BlackRock Fund Advisors 2.019.405 2.039.223 1,05%
BlackRock Institutional Trust
Company, National Association
1.907.610 1.888.407 0,97%
BlackRock International Limited 8.290 7.061 0,00%
BlackRock Investment Management
(Australia) Limited
43.377 42.864 0,02%
BlackRock Investment Management
(UK) Limited
201.676 203.115 0,10%
BlackRock Investment Management,
LLC
267.870 267.589 0,14%
BlackRock Japan Co., Ltd. 178.512 177.495 0,09%
Subtotal 5.848.791 5.795.762 2,98%
TOTAL 5.795.762 0 2,98% 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 298.092 0,15% physical
BlackRock Advisors, LLC Securities Lent 529 0,00% physical
BlackRock Fund Advisors Securities Lent 653 0,00% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 9.887 0,01% cash
TOTAL 309.161 0,16%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.104.923 3,14%

Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.

The transparency notification dated 18 May 2017 includes the following specific information:

Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
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 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany
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. 55 East 52nd Street, New York, NY, 10055, 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
  • Date on which the threshold is crossed: 17 May 2017.
  • 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. 0 0 0,00%
BlackRock (Netherlands) B.V. 18.125 18.125 0,01%
BlackRock (Singapore) Limited 6.980 6.980 0,00%
BlackRock Advisors (UK) Limited 718.760 836.828 0,43%
BlackRock Advisors, LLC 70.840 71.369 0,04%
BlackRock Asset Management
Canada Limited
58.845 58.845 0,03%
BlackRock Asset Management
Deutschland AG
231.240 229.914 0,12%
BlackRock Asset Management North
Asia Limited
760 760 0,00%
BlackRock Capital Management, Inc. 83 0 0,00%
BlackRock Financial Management,
Inc.
64.375 64.375 0,03%
BlackRock Fund Advisors 2.039.223 2.047.528 1,05%
BlackRock Institutional Trust
Company, National Association
1.888.407 1.884.352 0,97%
BlackRock International Limited 7.061 7.061 0,00%
BlackRock Investment Management
(Australia) Limited
42.864 42.864 0,02%
BlackRock Investment Management
(UK) Limited
203.115 198.950 0,10%
BlackRock Investment Management,
LLC
267.589 265.916 0,14%
BlackRock Japan Co., Ltd. 177.495 177.495 0,09%
Subtotal 5.795.762 5.911.362 3,04%
TOTAL 5.911.362 0 3,04% 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 264.726 0,14% physical
BlackRock Fund Advisors Securities Lent 653 0,00% physical
BlackRock Institutional Trust
Company, National Association
Securities Lent 529 0,00% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 9.887 0,01% cash
TOTAL 275.795 0,14%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.187.157 3,18%

Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 3%.

The transparency notification dated 19 May 2017 includes the following information:

Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
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 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany
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. 55 East 52nd Street, New York, NY, 10055, 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
  • Date on which the threshold is crossed: 18 May 2017.
  • 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. 0 0 0,00%
BlackRock (Netherlands) B.V. 18.125 18.125 0,01%
BlackRock (Singapore) Limited 6.980 6.980 0,00%
BlackRock Advisors (UK) Limited 836.828 766.153 0,39%
BlackRock Advisors, LLC 71.369 71.369 0,04%
BlackRock Asset Management
Canada Limited
58.845 59.228 0,03%
BlackRock Asset Management
Deutschland AG
229.914 229.914 0,12%
BlackRock Asset Management North
Asia Limited
760 760 0,00%
BlackRock Financial Management,
Inc.
64.375 60.509 0,03%
BlackRock Fund Advisors 2.047.528 2.048.745 1,05%
BlackRock Institutional Trust
Company, National Association
1.884.352 1.870.124 0,96%
BlackRock International Limited 7.061 6.461 0,00%
BlackRock Investment Management
(Australia) Limited
42.864 42.949 0,02%
BlackRock Investment Management
(UK) Limited
198.950 198.820 0,10%
BlackRock Investment Management,
LLC
265.916 265.916 0,14%
BlackRock Japan Co., Ltd. 177.495 187.473 0,10%
Subtotal 5.911.362 5.833.526 3,00%
TOTAL 5.833.526 0 3,00% 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 301.092 0,15% physical
BlackRock Fund Advisors Securities Lent 653 0,00% physical
BlackRock Institutional Trust
Company, National Association
Securities Lent 529 0,00% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 9.887 0,01% cash
TOTAL 312.161 0,16%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.145.687 3,16%

Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.

The transparency notification dated 22 May 2017 includes the following information:

Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
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 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany
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. 55 East 52nd Street, New York, NY, 10055, 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
  • Date on which the threshold is crossed: 19 May 2017.
  • 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. 0 0 0,00%
BlackRock (Netherlands) B.V. 18.125 18.125 0,01%
BlackRock (Singapore) Limited 6.980 6.980 0,00%
BlackRock Advisors (UK) Limited 766.153 853.461 0,44%
BlackRock Advisors, LLC 71.369 76.122 0,04%
BlackRock Asset Management
Canada Limited
59.228 59.228 0,03%
BlackRock Asset Management
Deutschland AG
229.914 230.344 0,12%
BlackRock Asset Management North
Asia Limited
760 760 0,00%
BlackRock Financial Management,
Inc.
60.509 60.509 0,03%
BlackRock Fund Advisors 2.048.745 2.058.043 1,06%
BlackRock Institutional Trust
Company, National Association
1.870.124 1.872.014 0,96%
BlackRock International Limited 6.461 6.461 0,00%
BlackRock Investment Management
(Australia) Limited
42.949 42.949 0,02%
BlackRock Investment Management
(UK) Limited
198.820 198.820 0,10%
BlackRock Investment Management,
LLC
265.916 265.916 0,14%
BlackRock Japan Co., Ltd. 187.473 187.473 0,10%
Subtotal 5.833.526 5.937.205 3,05%
TOTAL 5.937.205 0 3,05% 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 200.645 0,10% physical
BlackRock Fund Advisors Securities Lent 653 0,00% physical
BlackRock Institutional Trust
Company, National Association
Securities Lent 529 0,00% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 9.887 0,01% cash
TOTAL 211.714 0,11%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.148.919 3,16%

Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 3%.

3. Further information

This press release and the detailed transparency notifications are available on UCB SA/NV's website via the following link.

An updated overview of the UCB SA/NV large shareholdings will be available on UCB SA/NV's website via the following link.

Investor Relations

Antje Witte, Investor Relations, UCB T +32 2 559 94 14, [email protected]

Isabelle Ghellynck, Investor Relations, UCB T +32 2 559 95 88, [email protected]

About UCB

UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company focused on the discovery and development of innovative medicines and solutions to transform the lives of people living with severe diseases of the immune system or of the central nervous system. With more than 7 500 people in approximately 40 countries, the company generated revenue of € 4.2 billion in 2016. UCB is listed on Euronext Brussels (symbol: UCB). Follow us on Twitter: @UCB_news