BNP Paribas Asset Management Holding Crosses 3% Threshold in Solvay
Brussels, October 4, 2024, 08:30 CEST
Regulated Information
In line with Belgian transparency legislation (Law of May 2, 2007), BNP Paribas Asset Management Holding recently sent to Solvay a transparency notification indicating that they crossed the threshold of 3%. The notification, dated October 02, 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: September 23, 2024
Threshold of direct voting rights crossed: 3% upwards
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 Holding (SA 47000-75318 Paris cedex 09-France)
Contacts
Media relations
Peter Boelaert +32 479 30 91 59
Laetitia Van Minnenbruggen +32 484 65 30 47
[email protected]
Investor relations
Boris Cambon-Lalanne +32 471 55 37 49
Geoffroy d’Oultremont +32 478 88 32 96
Vincent Toussaint +33 6 74 87 85 65
[email protected]
About Solvay
Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay’s pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of over 9,000 employees.
How will this affect me?
As an investor, this transparency notification from BNP Paribas Asset Management Holding crossing the 3% threshold in Solvay indicates potential changes in the company’s ownership structure, which could impact the stock price and overall performance of Solvay.
How will this affect the world?
This event signals a significant shift in the ownership of Solvay, a key player in the chemical industry. It could lead to changes in the company’s strategic direction, corporate governance, and overall influence in the global market, impacting various stakeholders and the industry as a whole.
Conclusion
In conclusion, the transparency notification from BNP Paribas Asset Management Holding regarding their crossing of the 3% threshold in Solvay raises important considerations for investors and the wider industry. It highlights the dynamic nature of ownership and the potential impact on the company’s trajectory moving forward.
