How to submit a threshold notification?

Solvay’s by-laws require any shareholder holding voting rights equal or superior to 3% to declare this shareholding to the company and the Financial Services and Markets Authority (FSMA). 

Any crossing of the first threshold of 3% and thereafter of 5%, 7.5% or any multiple of 5% is subject to this declaration according to the Belgian transparency legislation in force (Law of May 2, 2007 – Royal Decree of February 14, 2008).

 

How to fill a threshold notification?

Only the content of notifications is defined by law; the form is free. However, the FSMA recommends the use of the TR1-BE standardized form it has developed, taking as a basis the European standard form (ESMA/2015/1597) and adapting it to the Belgian legislation. 

The following general data are mandatory:

  • the name of the issuer;

  • the reason for the notification;

  • data relating to the person subject to the notification requirement (name and, for legal entities, address of the registered office);

  • where applicable, the name of the holder of voting securities, insofar as said holder is as such subject to the notification requirement;

  • the date on which the threshold was crossed.

 

Please find hereafter useful Solvay SA information for the filling of transparency declarations

Name of issuer

Solvay SA

Issued capital

€1,588,146,240

Denominator

105,876,416

Total voting rights

105,876,416

Statutory/Legal thresholds

3%, 5%, 7.5%, any multiple of 5% thereafter

Notifications of an interest in Solvay to Solvay

transparency.declarations@solvay.com

L. Van Minnenbruggen (+32 2 264 30 25)

Notifications of an interest in Solvay to the FSMA

trp.fin@fsma.be

N. Friche (+32 2 220 53 67)

P. Van Brantegem (+32 2 220 59 31)

Notification deadline

Not later than 4 trading days after (Euronext Brussels’ trading days)

Download the FSMA guide and TR-1 BE form

All required information for completing this declaration is available in the below practical Guide (also available on the FSMA website), along with the TR-1 BE standardized form.

Form TR-1 BE consists of two parts: Part I, which must be transmitted to both the FSMA and to us, and Part II, to be sent exclusively to the FSMA. The (unsigned) form should be transmitted in xlsm format. In addition, a signed copy should also be transmitted in PDF format.

Find hereafter all transparency declarations sent to Solvay, that were filed over the past years.