TRANSPARENCY DECLARATION - PARTICIPATION NOTIFICATION BY SOLVAC SA
27 Novembre 2017 - 8:00AM
Brussels, Monday
November 27, 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 November 15, 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.
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.
For the complete press release, please read the
enclosed PDF.
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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 |
Jodi Allen |
Geoffroy Raskin |
Bisser Alexandrov |
Media Relations |
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To read the complete release in
PDF
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
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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