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Umicore - Transparency notification by Millennium International Management LP
Globenewswire· 2025-12-23 17:30
Company Overview - Umicore is a global advanced materials and recycling group that specializes in transforming precious and critical metals into functional technologies for everyday applications [6] - The company operates with a unique circular business model that ensures continuous refinement and recycling of critical elements for reintegration into new applications [6] Business Segments - Umicore has four main business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, which address resource scarcity and the demand for functional materials in clean technologies and mobility [7] - The company focuses its R&D efforts primarily on clean mobility and recycling, aiming for sustainable value creation through the development and recycling of materials [9] Financial Performance - In the first half of 2025, Umicore generated revenues of €1.8 billion (with a turnover of €8.7 billion), indicating a strong financial position [10] Shareholding Notification - Millennium International Management LP and associated entities have crossed the legal threshold of 3% in Umicore's voting rights, with a total holding of 3.08% as of December 12, 2025 [2][8] - The notification regarding this change was made on December 19, 2025, and the denominator for the calculation was 246,400,000 [8]