Brussels, 16 May 2023, 08:30 CET - 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 5%. 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

May 9, 2023

3.86%

0.79%

4.65%

The notification, dated May 10, 2023, 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.)

  • The date on which the threshold is crossed: May 9, 2023

  • The threshold of direct voting rights crossed: 5% downwards

  • Denominator: 105,876,416 

  • Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 5%.

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.

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Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 22,000 employees in 61 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 roadmap crafted around three pillars: protecting the climate, preserving resources and fostering a 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 €13.4 billion in 2022. Solvay is listed on Euronext Brussels and Paris (SOLB). Learn more at www.solvay.com.