TRANSPARENCY DECLARATION - PARTICIPATION NOTIFICATION BY SOLVAC SA
12 Juillet 2017 - 8:00AM
PARTICIPATION
NOTIFICATION
BY SOLVAC SA
Brussels, Wednesday July 12,
2017, 8h00 --- According to the
Belgian transparency legislation in force (Law of May 2, 2007),
SOLVAC SA, located at Rue des Champs Elysées 43 - 1050 Brussels -
Belgium, has notified Solvay SA that
- On July 3, SOLVAY STOCK OPTION MANAGEMENT SPRL
(SSOM) crossed downwards the statutory declaration threshold of 3%
of the existing voting rights emitted by Solvay SA, whereby the
combined holding by Solvac and SSOM reached 33.70% of the existing
voting rights.
- On July 4, SSOM crossed upwards the statutory
declaration threshold of 3% of the existing voting rights emitted
by Solvay SA, whereby the combined holding by Solvac and SSOM
reached 33.71% of the existing voting rights.
- On July 5, SSOM crossed downwards the statutory
declaration threshold of 3% of the existing voting rights emitted
by Solvay SA, whereby the combined holding by Solvac and SSOM
reached 33.70% of the existing voting rights.
SOLVAC SA is presumed to exercise
de facto control over Solvay SA, and therefore SSOM, on the basis
of Article 5, §3, 2nd paragraph of the Belgian companies code.
The declaration by SOLVAC SA is published in the
Investor Relations Section of Solvay's website.
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Solvay is a multi-specialty
chemical company, committed to developing chemistry that addresses
key societal challenges. Solvay innovates and partners with
customers in diverse global end markets. Its products and solutions
are used in planes, cars, smart and medical devices, batteries, in
mineral and oil extraction, among many other applications promoting
sustainability. Its lightweighting materials enhance cleaner
mobility, its formulations optimize the use of resources and its
performance chemicals improve air and water quality. Solvay is
headquartered in Brussels with around 27,000 employees in 58
countries. Net sales were € 10.9 billion in 2016, with
90% from activities where Solvay ranks among the world's top 3
leaders. Solvay SA (SOLB.BE) is listed on Euronext Brussels
and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR)
and in the United States its shares (SOLVY) are traded through a
level-1 ADR program. |
Caroline Jacobs |
Kimberly Stewart |
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Geoffroy Raskin |
Bisser Alexandrov |
Media Relations |
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To read the complete release in
PDF
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Solvay S.A. via Globenewswire
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