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Umicore — Major Shareholding Notification 2024
Oct 11, 2024
4018_mrq_2024-10-11_6d2a6343-e1d6-43fc-8005-cee7790d2712.pdf
Major Shareholding Notification
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Press release Regulated information October 10th 2024 - 18:30 CEST
Transparency notifications by BlackRock, Inc.
In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified:
- By BlackRock, Inc. that as a result of the acquisition of Global Infrastructure Partners there has been a change to BlackRock's group Structure. Upon the close of the transaction BlackRock, Inc. was renamed BlackRock Finance, Inc. and a NewCo became the publicly listed company with the name BlackRock, Inc.
- By BlackRock, Inc. that it has successively crossed the legal threshold of 3% for the direct voting rights and equivalent financial instruments, downwards on 2 October 2024, and then upwards on 3 October 2024.
The total holding of direct voting rights and equivalent financial instruments of BlackRock, Inc. now stands at 3.12%.
Summary of the moves:
- BlackRock, Inc.
| Date on which the threshold was crossed |
Date of notification | Direct voting rights after the transaction |
Equivalent financial instruments after the transaction |
Total | |
|---|---|---|---|---|---|
| 1 October 2024 | 3 October 2024 | 2.68 % | 0.48 % | 3.16 % | |
| 2 October 2024 | 4 October 2024 | 2.52 % | 0.46 % | 2.98 % | |
| 3 October 2024 | 8 October 2024 | 2.66 % | 0.46 % | 3.12 % |

Notifications from BlackRock, Inc.:
The most recent notification contains the following information:
- Date of notification: 8 October 2024
- Date on which the threshold is crossed: 3 October 2024
- Threshold of direct voting rights + equivalent financial instruments crossed upwards: 3%
- Notification by: BlackRock, Inc.
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of voting securities or voting rights
| 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 | D | 0.00% | ||||
| BlackRock (Singapore) Limited | 37,126 | 26,918 | 0.01% | ||||
| BlackRock Advisors (UK) Limited | 1,069,497 | 1,330,386 | 0.54% | ||||
| BlackRock Asset Management Canada Limited |
72,961 | 72,961 | 0.03% | ||||
| BlackRock Asset Management Deutschland AG |
536,850 | 536,850 | 0.22% | ||||
| BlackRock Financial Management, Inc. | 33,811 | 6,300 | 0.00% | ||||
| BlackRock Fund Advisors | 2,378,570 | 2,378,570 | |||||
| BlackRock Institutional Trust Company, National Association |
1,604,579 | 1,604,823 | |||||
| BlackRock Investment Management (Australia) Limited |
124,007 | 124,007 | |||||
| BlackRock Investment Management (UK) Limited |
160,106 | 305,650 | 0.12% | ||||
| BlackRock Investment Management, LLC |
44,384 | 44,384 | 0.02% | ||||
| Aperio Group, LLC | 140,358 | 119,238 | 0.05% | ||||
| Subtotal | 6,202,249 | 6,550,087 | 2.66% | ||||
| TOTAL | 6,550,087 | 0 | 2.66% | 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 | 34,051 | 0.01% | physical | |||||||
| BlackRock Advisors, LLC | Contract Difference | 125,443 | 0.05% | cash | |||||||
| BlackRock Financial Management, Inc. | Contract Difference | 51,895 | 0.02% | cash | |||||||
| BlackRock Institutional Trust Company. Contract Difference National Association |
44,653 | 0.02% | cash | ||||||||
| BlackRock Investment Management (UK) Limited |
Depositary Receipt | 859 | 0.00% | ||||||||
| BlackRock Investment Management, LLC |
Depositary Receipt | 19,303 | 0.01% | - | |||||||
| Aperio Group, LLC | Depositary Receipt | 867,857 | 0.35% | + | |||||||
| TOTAL | 1,144,161 | 0.46% |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 7,694,248 | 3.12% |

The previous recent notification contains the following information:
- Date of notification: 4 October 2024
- Date on which the threshold is crossed: 2 October 2024
- Threshold of direct voting rights + equivalent financial instruments crossed downwards: 3%
- Notification by: BlackRock, Inc.
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of voting securities or voting rights
| 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. | 0 | D | 0.00% | |||||
| BlackRock (Singapore) Limited | 37,097 | 37,126 | 0.02% | |||||
| BlackRock Advisors (UK) Limited | 1,466,247 | 1,069,497 | 0.43% | |||||
| BlackRock Asset Management Canada Limited |
72,961 | 72,961 | 0.03% | |||||
| BlackRock Asset Management Deutschland AG |
538,850 | 536,850 | 0.22% | |||||
| BlackRock Financial Management, Inc. | 33,828 | 33,811 | 0.01% | |||||
| BlackRock Fund Advisors | 2,378,570 | 2,378,570 | 0.97% | |||||
| BlackRock Institutional Trust Company, National Association |
1,604,576 | 1,604,579 | 0.65% | |||||
| BlackRock Investment Management (Australia) Limited |
124,007 | 124,007 | 0.05% | |||||
| BlackRock Investment Management (UK) Limited |
160,106 | 160,106 | 0.06% | |||||
| BlackRock Investment Management, LLC |
44,384 | 44,384 | 0.02% | |||||
| Aperio Group, LLC | 140,358 | 140,358 | 0.06% | |||||
| Subtotal | 6,598,984 | 6,202,249 | 252% | |||||
| TOTAL | 6,202,249 | 0 | 2.52% | 0.00% |
| The totals, subtotals and % will be updated once you have clicked on . | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | ----------------------------------------------------------------------------------- |
| 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 | 18,160 | 0.01% | physical | |||
| BlackRock Advisors, LLC | Contract Difference | 125,443 | 0.05% | cash | |||
| BlackRock Financial Management, Inc. Contract Difference | 50,980 | 0.02% | cash | ||||
| BlackRock Institutional Trust Company. Contract Difference National Association |
44,653 | 0.02% | cash | ||||
| BlackRock Investment Management (UK) Limited |
Depositary Receipt | 864 | 0.00% | ||||
| BlackRock Investment Management, LLC |
Depositary Receipt | 19,298 | 0.01% | ||||
| Aperio Group, LLC | Depositary Receipt | 871,441 | 0.35% | + | |||
| TOTAL | 1.130,919 | 0.46% |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 7,333,168 | 2.98% |

The previous notification contains the following information:
- Date of notification: 3 October 2024
- Date on which the threshold is crossed: 1 October 2024
- Notification by: BlackRock, Inc.
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer
| 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. | D | 0 | 0.00% | ||
| BlackRock (Singapore) Limited | D | 37,097 | 0.02% | ||
| BlackRock Advisors (UK) Limited | 673,976 | 1,466,247 | 0.60% | ||
| BlackRock Advisors, LLC | 14,619 | D | 0.00% | ||
| BlackRock Asset Management Canada Limited |
72,961 | 72,961 | 0.03% | ||
| BlackRock Asset Management Deutschland AG |
530,011 | 536,850 | 0.22% | ||
| BlackRock Asset Management North Asia Limited |
1,619 | D | 0.00% | ||
| BlackRock Financial Management, Inc. | 45,957 | 33,828 | 0.01% | ||
| BlackRock Fund Advisors | 2,389,821 | 2,378,570 | 0.97% | ||
| BlackRock Institutional Trust Company, National Association |
1,554,822 | 1,604,576 | 0.65% | ||
| BlackRock Investment Management (Australia) Limited |
142,443 | 124,007 | 0.05% | ||
| BlackRock Investment Management (UK) Limited |
643,937 | 160,106 | 0.06% | ||
| BlackRock Investment Management, LLC |
19,890 | 44,384 | 0.02% | ||
| BlackRock Japan Co., Ltd. | 10,673 | D | 0.00% | ||
| Aperio Group, LLC | 121,243 | 140,358 | 0.08% | ||
| Subtotal | 6,201,772 | 6,598,984 | 2.68% | ||
| TOTAL | 6,598,984 | 0 | 2.68% | 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 | 18,160 | 0.01% | physical | |||
| BlackRock Advisors, LLC | Contract Difference | 173,343 | 0.07% | cash | |||
| BlackRock Financial Management, Inc. | Contract Difference | 49,749 | 0.02% | cash | |||
| BlackRock Institutional Trust Company. Contract Difference National Association |
44,653 | 0.02% | cash | ||||
| BlackRock Investment Management (UK) Limited |
Depositary Receipt | 1,609 | 0.00% | ||||
| BlackRock Investment Management, LLC |
Depositary Receipt | 18,653 | 0.01% | ||||
| Aperio Group, LLC | Depositary Receipt | 871,484 | 0.35% | + | |||
| TOTAL | 1.177.651 | 0.48% |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 7,776,635 | 3.16% |

The chain of control has been described at the end of the notification and can be found here.
For more information
Investor Relations
| Caroline Kerremans | +32 2 227 72 21 | [email protected] |
|---|---|---|
| Eva Behaeghe | +32 2 227 70 68 | [email protected] |
| Benoit Mathieu | +32 2 227 73 72 | [email protected] |
About Umicore
Umicore is a circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy make a real difference. Its activities are organized in four business groups: Battery Materials, Catalysis, Recycling and Specialty Materials. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life.
Umicore generates the majority of its revenues from and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore's overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: Materials for a better life.
Umicore's industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base with around 12,000 employees. The Group generated revenues (excluding metal) of € 1.8 billion (turnover of € 7.4 billion) in the first half year of 2024.