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UCB Major Shareholding Notification 2017

Jun 2, 2017

4017_mrq_2017-06-02_e8a57fac-ef8b-4262-953e-db014da322b4.pdf

Major Shareholding Notification

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Transparency notifications BlackRock, Inc.

  • 4 notifications dated 30 May, 31 May, 1 and 2 June 2017
  • Threshold crossed: 3%
  • Latest shareholding: 2.99%

Brussels (Belgium), 2 June 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 30 May, 31 May, 1 June and 2 June 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 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 on 26 May 2017.

In the second notification, BlackRock, Inc. has informed 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 29 May 2017.

In the third notification, BlackRock, Inc. has notified 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 30 May 2017.

In the last notification, BlackRock, Inc. has informed 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 again on 31 May 2017

On 26 May 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 6 026 834 UCB shares with voting rights (versus 5 751 299 UCB shares in its previous notification dated 24 May 2017), representing 3.10% of the total number of shares issued by the company (194 505 658) (versus 2.96% in the notification dated 24 May 2017).

On 31 May 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 822 269 UCB shares with voting rights, representing 2.99% 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.
  • Persons subject to the notification requirement:
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
  • 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 30 May 2017 includes the following specific information:

Date on which the threshold is crossed: 26 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 654.853 886.218 0,46%
BlackRock Advisors, LLC 76.122 76.122 0,04%
BlackRock Asset Management Canada
Limited
59.228 59.113 0,03%
BlackRock Asset Management
Deutschland AG
230.344 230.489 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 2.068.558 2.081.734 1,07%
BlackRock Institutional Trust Company,
National Association
1.874.201 1.907.766 0,98%
BlackRock International Limited 6.461 6.461 0,00%
BlackRock Investment Management
(Australia) Limited
42.949 43.395 0,02%
BlackRock Investment Management
(UK) Limited
198.820 205.511 0,11%
BlackRock Investment Management,
LLC
265.916 265.916 0,14%
BlackRock Japan Co., Ltd. 187.473 177.735 0,09%
Subtotal 5.751.299 6.026.834 3,10%
TOTAL 0 3,10% 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 231.608 0,12% 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 15.392 0,01% cash
BlackRock International Limited Contract for Difference 5.782 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 93.464 0,05% cash
TOTAL 347.428 0,18%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.374.262 3,28%

Additional information: The disclosure obligation arose due to voting rights attached to

shares for BlackRock, Inc. going above 3%.

The transparency notification dated 31 May 2017 includes the following specific information:

  • Date on which the threshold is crossed: 29 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 886.218 664.025 0,34%
BlackRock Advisors, LLC 76.122 76.122 0,04%
BlackRock Asset Management Canada
Limited
59.113 59.113 0,03%
BlackRock Asset Management
Deutschland AG
230.489 230.489 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 2.081.734 2.081.734 1,07%
BlackRock Institutional Trust Company,
National Association
1.907.766 1.907.766 0,98%
BlackRock International Limited 6.461 6.461 0,00%
BlackRock Investment Management
(Australia) Limited
43.395 43.395 0,02%
BlackRock Investment Management
(UK) Limited
205.511 205.511 0,11%
BlackRock Investment Management,
LLC
265.916 265.916 0,14%
BlackRock Japan Co., Ltd. 177.735 177.735 0,09%
Subtotal 6.026.834 5.804.641 2,98%
TOTAL 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 250.973 0,13% 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 15.392 0,01% cash
BlackRock International Limited Contract for Difference 6.112 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 98.417 0,05% cash
TOTAL 372.076 0,19%

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

The transparency notification dated 1 June 2017 includes the following information:

  • Date on which the threshold is crossed: 30 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 664.025 698.290 0,36%
BlackRock Advisors, LLC 76.122 76.122 0,04%
BlackRock Asset Management Canada
Limited
59.113 59.113 0,03%
BlackRock Asset Management
Deutschland AG
230.489 230.489 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 2.081.734 2.087.119 1,07%
BlackRock Institutional Trust Company,
National Association
1.907.766 1.909.764 0,98%
BlackRock International Limited 6.461 6.461 0,00%
BlackRock Investment Management
(Australia) Limited
43.395 43.395 0,02%
BlackRock Investment Management
(UK) Limited
205.511 211.646 0,11%
BlackRock Investment Management,
LLC
265.916 266.225 0,14%
BlackRock Japan Co., Ltd. 177.735 162.981 0,08%
Subtotal 5.804.641 5.837.979 3,00%
TOTAL 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 248.513 0,13% physical
BlackRock Institutional Trust Company,
National Association
Contract for Difference 14.323 0,01% cash
BlackRock International Limited Contract for Difference 6.112 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 100.200 0,05% cash
BlackRock Japan Co., Ltd. Securities Lent 14.754 0,01% physical
TOTAL 383.902 0,20%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.221.881 3,20%

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

The transparency notification dated 2 June 2017 includes the following specific information:

  • Date on which the threshold is crossed: 31 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 7.531 0,00%
BlackRock Advisors (UK) Limited 698.290 693.728 0,36%
BlackRock Advisors, LLC 76.122 76.325
BlackRock Asset Management Canada
Limited
59.113 59.233 0,03%
BlackRock Asset Management
Deutschland AG
230.489 230.489 0,12%
BlackRock Asset Management North
Asia Limited
760 760 0,00%
BlackRock Financial Management, Inc. 60.509 61.045 0,03%
BlackRock Fund Advisors 2.087.119 2.074.448 1,07%
BlackRock Institutional Trust Company,
National Association
1.909.764 1.905.944 0,98%
BlackRock International Limited 6.461 6.461 0,00%
BlackRock Investment Management
(Australia) Limited
43.395 43.395 0,02%
BlackRock Investment Management
(UK) Limited
211.646 216.811 0,11%
BlackRock Investment Management,
LLC
266.225 264.480 0,14%
BlackRock Japan Co., Ltd. 162.981 163.494 0,08%
Subtotal 5.837.979 5.822.269 2,99%
TOTAL 5.822.269 0 2,99% 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 238.352 0,12% physical
BlackRock Fund Advisors Securities Lent 13.900 0,01% physical
BlackRock Institutional Trust Company,
National Association
Contract for Difference 13.337 0,01% cash
BlackRock International Limited Contract for Difference 6.328 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 102.076 0,05% cash
BlackRock Japan Co., Ltd. Securities Lent 14.241 0,01% physical
TOTAL 388.234 0,20%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.210.503 3,19%

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