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Participation notifications by BNP Paribas Asset Management SA

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In line with Belgian transparency legislation (Law of May 2, 2007), BNP Paribas Asset Management SA recently sent to Solvay the following transparency notifications indicating that they crossed the threshold of 3%. Here is a summary of the moves:

Date on which the threshold was crossed

Voting rights after the transaction

Equivalent financial instruments after the transaction

Total

June 4, 2024

3.02%

0.00%

3.02%

June 6, 2024

2.97%

0.00%

2.97%

 

The most recent notification, dated June 7, 2024, contains the following information:

  • Reason for the notification: acquisition or disposal of voting securities or voting rights
  • Notified by: A parent undertaking or a controlling person
  • Date on which the threshold is crossed: June 6, 2024
  • Threshold of direct voting rights crossed: 3% downwards
  • Denominator: 105,876,416 
  • Additional information: BNP Paribas Asset Management Europe SAS and BNP Paribas Asset Management UK Ltd are investment companies that exercise voting rights on a discretionary basis in the absence of specific instruction
  • Persons subject to the notification requirement: BNP Paribas Asset Management SA (SA 47000-75318 Paris cedex 09-France)
  • Notified details (information available in the PDF)
  • Full chain of controlled undertakings through which the holding is effectively held: BNP Paribas Asset Management France SAS became BNP Paribas Asset Management Europe SAS on March 1, 2024. BNP Paribas Asset Management Europe SAS and BNP Paribas Asset Management UK Ltd are controlled by the parent company BNP Paribas Asset Management SA. This parent company is controlled by the parent company BNP Paribas SA, which benefits from the exemption from aggregation of its shareholdings with those of its investment company subsidiaries, in accordance with art. 21 paragraph 2 of the Royal Decree of February 14, 2008 on the disclosure of major shareholdings.

Transparency notifications are available on the Investor Relations Section of Solvay's website.

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