Brussels - According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.) recently sent to Solvay the following transparency notification indicating that it crossed the threshold of 3%. Here is a summary of the move:
Date on which the threshold was crossed
Voting rights after the transaction
Equivalent financial instruments after the transaction
Total
January 13, 2021
2.80%
0.18%
2.98%
The latest notification, dated January 14, 2021, contains the following information:
Reason for the notification: acquisition or disposal of voting securities or voting rights
Notified by: BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.)
Date on which the threshold is crossed: January 13, 2021
Threshold of direct voting rights crossed: 3% downwards
Denominator: 105,876,416
Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.
Transparency notifications and the full chain of controlled undertakings through which the holding is effectively held is available on the Investor Relations Section of Solvay's website.
About Solvay
Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 24,100 employees in 64 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet plan crafted around three pillars: protecting the climate, preserving resources and fostering better life. The Group's innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world's top three companies for the vast majority of its activities and delivered net sales of EUR10.2 billion in 2019. Solvay is listed on Euronext Brussels (SOLB) and Paris and in the United States, where its shares (SOLVY) are traded through a Level I ADR program. Learn more at www.solvay.com.
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