Solvay SA (GB:0NZR) has released an update.
BNP Paribas Asset Management SA has informed Solvay SA that it has crossed the statutory threshold, now owning 3.02% of the company’s voting rights as of June 4, 2024, and subsequently decreasing its stake to 2.97% by June 6, 2024. The change in shareholding triggers a notification requirement under Belgian law. Details of the transaction indicate a downward crossing of the 3% threshold due to trading activities by investment companies operating under BNP Paribas Asset Management.
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