UBS Group AG: A Heartfelt Invitation to Participate
Brussels, October 14, 2024, 17:45 CEST – Regulated information
In line with Belgian transparency legislation (Law of May 2, 2007), UBS Group AG recently sent to Solvay the following transparency notifications indicating that they crossed different thresholds.
Here is a summary:
Date on which the threshold was crossed: October 4, 2024
Voting rights after the transaction: 0.54%
Equivalent financial instruments after the transaction: 4.72%
Total after the transaction: 5.26%
Date on which the threshold was crossed: October 7, 2024
Voting rights after the transaction: /
Equivalent financial instruments after the transaction: /
Total after the transaction: /
The latest notification, dated October 10, 2024, contains the following information:
Reason for the notification: Acquisition or disposal of voting securities or voting rights
Downward crossing of the lowest threshold
Notified by: A parent undertaking or a controlling person
Date on which the threshold is crossed: October 7, 2024
Threshold of direct voting rights crossed: 3% downwards
Denominator: 105,876,416
Additional information: The disclosure obligation arose due to the total indirect holdings of UBS Group AG in voting rights of Solvay SA, held directly by controlled undertakings falling below 3% on October 7, 2024.
Impact on Individuals:
As an individual investor, this notification from UBS Group AG may present you with an opportunity to participate in Solvay’s voting rights. It is important to carefully consider this invitation and evaluate the potential impact on your investment portfolio.
Impact on the World:
On a larger scale, UBS Group AG’s actions in crossing different thresholds in Solvay’s voting rights could have implications for the global financial market. It is essential for regulatory authorities and other stakeholders to closely monitor such transactions to ensure transparency and compliance with laws.
Conclusion:
UBS Group AG’s transparency notifications to Solvay offer individuals an opportunity to participate in voting rights, while also highlighting the importance of regulatory oversight in the financial industry. It is crucial for both individual investors and the global market to stay informed and make informed decisions based on this information.
