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Participation notification by Solvac SA.
Participation notification by Solvac SA.
Brussels, Belgium – February 19, 2024 - 8:30 CET
According to Belgian transparency legislation (Law of May 2, 2007), Solvac SA (Rue de Champs Elysées 43 - 1050 Bruxelles, Belgium) sent to Syensqo the following transparency notification indicating that it crossed the 30% regulatory threshold was exceeded. Here is a summary of the move:
Date on which the threshold was crossed | Voting rights after the transaction | Equivalent financial instruments after the transaction | Total |
December 11, 2023 | 30.81% | - | 30.81% |
The notification, dated February 15, 2024, contains the following information:
Reason for the notification: Holding of voting securities upon first admission to trading
Notified by Solvac SA: A parent undertaking or a controlling person
Date on which the threshold is crossed: December 11, 2023
Threshold of direct voting rights crossed: 30% upwards
Denominator: 105,876,417
Additional information: On the basis of Solvac SA's shareholding in Solvay SA prior to the partial demerger (last notification dated March 24, 2021 relating to the crossing of a threshold on March 19, 2021), Solvac SA held 30.81% of the share capital of Solvay SA and therefore holds 30.81% of the share capital of Syensqo at the time of the partial demerger.
Transparency notifications and the full chain of controlled undertakings through which the holding is effectively held is available on the Investor Relations Section of Syensqo's website.
Contacts
Media relations | Investor relations |
Nathalie van Ypersele | Sherief Bakr |
About Syensqo
Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates.
Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.
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