Major company shareholders list
Solvay SA capital amounts to €1,588,146,240 and Solvay stock is divided into 105,876,416 issued shares.
Solvay shareholder structure
As of July 25, 2019, Solvay shareholder structure is the following, based on our shareholders’ notifications:
|Company||Number of voting rights||% Voting rights||Date||Threshold notification|
|Solvac SA||32,511,125||30.71%||December 31, 2018||Visit Transparency declarations|
- Solvac SA gave notice that it held 30.71% of Solvay’s share capital and therefore voting rights on December 31, 2018;
The remaining shares are thereby held by institutional and retail shareholders, with an individual shareholding not exceeding 3%.
Who is Solvay major shareholder?
Solvay’s major shareholder is Solvac SA, which holds more than 30% of Solvay’s share capital. Solvac SA is a public limited liability company established under Belgian law, founded in 1983. Its assets consist exclusively of the Solvay shares, thereby contributing to the anchorage of Solvay. Solvac shares are traded on Euronext Brussels. It has approximately 14,000 shareholders. Among them, more than 2,300 persons are related to the founding families of Solvay, which combined hold approximately 77% of the Solvac shares.
Solvay Stock Option Management SPRL, is an indirect subsidiary of Solvay, and hold 2.72% of Solvay’s capital through shares and purchase options combined. These are held as part of the Group's strategy to hedge the risk linked to stock options granted by Solvay to senior executives of the Group.
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.