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UCB Major Shareholding Notification 2017

Feb 24, 2017

4017_mrq_2017-02-24_032c43e1-5e80-4b32-bdf2-88ad33fd1cbb.pdf

Major Shareholding Notification

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Transparency notifications BlackRock, Inc.

Brussels (Belgium), 24 February 2017 – 20:10 (CET) – 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 3 transparency notifications, dated 20, 22 and 23 February 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 17 February 2017.

In the second notification, BlackRock, Inc. has informed that, following a disposal of UCB shares with voting rights and equivalent financial instruments by its affiliates, its shareholding in UCB SA/NV has further decreased and has crossed the lowest minimum threshold of 3% (of voting rights and equivalent financial instruments) on 20 February 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% minimum threshold (of voting rights and equivalent financial instruments) again on 21 February 2017.

On 17 February 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 643 589 UCB shares with voting rights (versus 5 994 140 UCB shares in its previous notification dated 13 February 2017), representing 2.90% of the total number of shares issued by the company (194 505 658) (versus 3.08% in the notification dated 13 February 2017).

On 22 February 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 654 855 UCB shares with voting rights, representing 2.91% of the total number of shares issued by the company (3.01% if you take into account voting rights and equivalent financial instruments).

2. Content of the notifications

The transparency notification dated 20 February 2017 includes the following information:

  • Reason for the notification: Acquisition or disposal of voting securities or voting rights.
  • 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
  • Date on which the threshold is crossed: 17 February 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. 19.816 18.125 0,01%
BlackRock (Singapore) Limited 6.386 6.386 0,00%
BlackRock Advisors (UK) Limited 958.312 816.451 0,42%
BlackRock Advisors, LLC 62.718 63.469 0,03%
BlackRock Asset Management
Canada Limited
61.391 61.391 0,03%
BlackRock Asset Management
Deutschland AG
230.309 231.469 0,12%
BlackRock Asset Management North
Asia Limited
644 644 0,00%
BlackRock Financial Management,
Inc.
78.139 77.302 0,04%
BlackRock Fund Advisors 1.800.382 1.799.971 0,93%
BlackRock Institutional Trust
Company, National Association
1.996.341 1.956.214 1,01%
BlackRock International Limited 11.609 11.609 0,01%
BlackRock Investment Management
(Australia) Limited
41.852 41.852 0,02%
BlackRock Investment Management
(UK) Limited
153.176 153.176 0,08%
BlackRock Investment Management,
LLC
230.744 230.744 0,12%
BlackRock Japan Co., Ltd. 342.321 174.786 0,09%
Subtotal 5.994.140 5.643.589 2,90%
TOTAL 5.643.589 0 2,90% 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
BlackRock Advisors (UK) Limited Securities Lent 158.734 0,08% physical
BlackRock Institutional Trust Company Securities Lent 33.554 0,02% physical
BlackRock Investment Management (UK Securities Lent 9.956 0,01% physical
BlackRock Japan Co., Ltd. Securities Lent 18.747 0,01% physical
BlackRock Institutional Trust Company Contract for Difference 7.683 0,00% cash
TOTAL 228.674 0,12%

TOTAL (A & B) # of voting rights % of voting rights CALCULATE 5.872.263 3,02%

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

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

  • Reason for the notification:
  • Acquisition or disposal of voting securities or voting rights;
  • Downward crossing of the lowest threshold.
  • 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 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: 20 February 2017.
  • Notified details:

UCB
News

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. $\mathbf 0$
BlackRock (Netherlands) B.V. 18.125
BlackRock (Singapore) Limited 6.386
BlackRock Advisors (UK) Limited 816.451
BlackRock Advisors, LLC 63.469
BlackRock Asset Management
Canada Limited
61.391
BlackRock Asset Management
Deutschland AG
231.469
BlackRock Asset Management North
Asia Limited
644
BlackRock Capital Management, Inc. $\mathbf{0}$
BlackRock Financial Management,
Inc.
77.302
BlackRock Fund Advisors 1.799.971
BlackRock Institutional Trust
Company, National Association
1.956.214
BlackRock International Limited 11.609
BlackRock Investment Management
(Australia) Limited
41.852
BlackRock Investment Management
(UK) Limited
153.176
BlackRock Investment Management,
LLC
230.744
BlackRock Japan Co., Ltd. 174.786
Subtotal 5.643.589
TOTAL
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
BlackRock Institutional Trust
Company, National Association
Securities Lent
BlackRock Institutional Trust
Company, National Association
Contract for Difference
BlackRock Investment Management
(UK) Limited
Securities Lent
BlackRock Japan Co., Ltd. Securities Lent
TOTAL
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE

Additional information: The disclosure obligation arose due to total holding in voting rights for BlackRock, Inc. going below 3% (i.e. voting rights and equivalent financial instruments).

The transparency notification dated 23 February 2017 includes the following information:

  • Reason for the notification: Acquisition or disposal of voting securities or voting rights
  • 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
  • Date on which the threshold is crossed: 21 February 2017.
  • Notified details:

UCB
News

A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Holders of voting rights Not linked to the
Linked to securities
securities
Linked to
securities
Not linked to the
securities
BlackRock, Inc. $\mathbf 0$ 0,00%
BlackRock (Netherlands) B.V. 18.125 0,01%
BlackRock (Singapore) Limited 6.386 0,00%
BlackRock Advisors (UK) Limited 824.586 0,42%
BlackRock Advisors, LLC 63.856 0,03%
BlackRock Asset Management
Canada Limited
61.391 0,03%
BlackRock Asset Management
Deutschland AG
231.527 0,12%
BlackRock Asset Management North
Asia Limited
644 0,00%
BlackRock Capital Management, Inc. $\mathbf{0}$ 0,00%
BlackRock Financial Management,
Inc.
77.302 0,04%
BlackRock Fund Advisors 1.799.971 0,93%
BlackRock Institutional Trust
Company, National Association
1.951.382 1,00%
BlackRock International Limited 9.187 0,00%
BlackRock Investment Management
(Australia) Limited
41.852 0,02%
BlackRock Investment Management
(UK) Limited
153.176 0,08%
BlackRock Investment Management,
LLC
240.684 0,12%
BlackRock Japan Co., Ltd. 174,786 0,09%
Subtotal 5.654.855 2,91%
TOTAL 5.654.855 0 2,91% 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 129.350 0,07% physical
BlackRock Institutional Trust
Company, National Association
Securities Lent 25.340 0,01% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 7.683 0,00% cash
BlackRock Investment Management
(UK) Limited
Securities Lent 9.956 0,01% physical
BlackRock Japan Co., Ltd. Securities Lent 18.747 0,01% physical
TOTAL 191.076 0,10%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 5.845.931 3,01%

Additional information: The disclosure obligation arose due to total holding in voting rights for BlackRock, Inc. going above 3% (i.e. voting rights and equivalent financial instruments).

The information mentioned hereafter was identical in all these notifications:

  • 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.

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 7 700 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