Core Viewpoint - BNP Paribas Asset Management Holding has notified Solvay that it has crossed the threshold of 3% in voting rights, specifically a downward crossing to 2.95% as of March 11, 2025 [1][5]. Group 1: Notification Details - The notification indicates that after the transaction, BNP Paribas Asset Management Holding holds 2.95% of voting rights with no equivalent financial instruments [1]. - The threshold was crossed on March 11, 2025, with a total denominator of 105,876,416 [5]. - The notification was dated March 13, 2025, and was made by a parent undertaking or controlling person [5]. Group 2: Company Background - Solvay is a leading chemical company with a history dating back to 1863, focusing on sustainable solutions and employing approximately 9,000 people [6]. - In 2024, Solvay reported net sales of €4.7 billion, highlighting its significant market presence [6]. - The company is committed to achieving a carbon-neutral future by 2050, emphasizing its dedication to sustainability [6].
Participation notification by BNP Paribas Asset Management
Globenewswire·2025-03-18 17:00