ANTWERP, Belgium--(BUSINESS WIRE)--Regulatory News:
In accordance with Article 14 of the Belgian Transparency law of May 2, 2007, Azelis Group NV (Brussels:AZE) announces that it has received a transparency notification from BlackRock, Inc.
1. Summary of the notification
BlackRock, Inc. reported in its notification dated January 29, 2025, that on January 28, 2025, following a disposal of voting securities, its participation decreased and crossed downwards the lowest threshold of 3.00% in Azelis Group NV.
On January 28, 2025, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5,564,839 shares with voting rights, representing 2.28% of the total number of shares issued by the company (243,921,719), versus 7,304,973 shares representing 2.99% in its previous notification dated January 22, 2025, as well as 908,756 equivalent financial instruments, representing 0.37% of the voting rights issued by the company, versus 863,733 equivalent financial instruments representing 0.35% in its previous notification dated January 22, 2025.
2. Content of the notification
Reason for the notification
Acquisition or disposal of voting securities or voting rights
Downward crossing of the lowest threshold
Notification by
A parent undertaking or a controlling person
Persons subject to the notification requirement
Name | Address (for legal entities) |
BlackRock, Inc. | 50 Hudson Yards, New York, NY, 10001, U.S.A. |
BlackRock Advisors (UK) Limited | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
BlackRock Advisors, LLC | 50 Hudson Yards, New York, NY, 10001, U.S.A. |
BlackRock Asset Management Canada Limited | 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada |
BlackRock Asset Management Deutschland AG | Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany |
BlackRock Financial Management, Inc. | 50 Hudson Yards, New York, NY, 10001, U.S.A. |
BlackRock Fund Advisors | 400 Howard Street, San Francisco, CA, 94105, U.S.A. |
BlackRock Institutional Trust Company, National Association | 400 Howard Street, San Francisco, CA, 94105, U.S.A. |
BlackRock Investment Management (Australia) Limited | Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia |
BlackRock Investment Management (UK) Limited | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
Date on which the threshold is crossed
January 28, 2025
Threshold that is crossed (in %)
3%
Denominator
243,921,719
Notified Details
A) Voting rights | Previous notification | After the transaction | |||
| # of voting rights | # of voting rights | % of voting rights | ||
Holders of voting rights |
| Linked to securities | Not linked to the securities | Linked to securities | Not linked to the securities |
BlackRock, Inc. | 0 | 0 |
| 0.00% |
|
BlackRock Advisors (UK) Limited | 71,994 | 69,179 |
| 0.03% |
|
BlackRock Advisors, LLC | 80,658 | 80,658 |
| 0.03% |
|
BlackRock Asset Management Canada Limited | 60,567 | 60,567 |
| 0.02% |
|
BlackRock Asset Management Deutschland AG | 408,321 | 410,601 |
| 0.17% |
|
BlackRock Financial Management, Inc. | 200 | 200 |
| 0.00% |
|
BlackRock Fund Advisors | 1,848,161 | 1,850,014 |
| 0.76% |
|
BlackRock Institutional Trust Company, National Association | 1,352,619 | 1,352,712 |
| 0.55% |
|
BlackRock Investment Management (Australia) Limited | 328 | 328 |
| 0.00% |
|
BlackRock Investment Management (UK) Limited | 3,482.125 | 1,740,580 |
| 0.71% |
|
Subtotal | 7,304.973 | 5,564,839 |
| 2.28% |
|
| TOTAL | 5,564,839 |
| 2.28% |
|
B) Equivalent financial instruments | After the transaction | |||||
Holders of equivalent | Type of financial instrument | Expiration date | Exercise period or date | # of voting rights that may be acquired if the instrument is exercised | % of voting rights | Settlement |
BlackRock Advisors (UK) Limited | Securities Lent |
|
| 562,774 | 0.23% | physical |
BlackRock Financial Management, Inc. | Securities Lent |
|
| 44,052 | 0.02% | physical |
BlackRock Investment Management (UK) Limited | Securities Lent |
|
| 301,930 | 0.12% | physical |
TOTAL |
| 908,756 | 0.37% |
| ||
TOTAL (A & B) |
|
| # of voting rights | % of voting rights |
CALCULATE | 6,473,595 | 2.65% |
Chain of controlled undertakings through which the holding is effectively held, if applicable
Please see the full chain of control in “Chain of Control” tab.
Additional information
The disclosure obligation arose due to total holdings in voting rights for BlackRock, Inc. going below 3%.
3. Further information
The full transparency notification as well as this press release can be consulted on the Azelis Group NV’s website.
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About Azelis
Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry, present in 63 countries across the globe with over 4,200 employees. Our knowledgeable teams of industry, market, and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 63,000 customers, supported by +2,800 principal relationships, creating a turnover of €4.2 billion (2023). Azelis Group NV is listed on Euronext Brussels under ticker AZE and is included in the BEL20 and BEL®ESG indices.
Across our extensive network of more than 70 application laboratories, our award-winning staff help develop formulations and provide technical guidance throughout the customers’ product development process. We combine a global market reach with a local footprint to offer a reliable, integrated, and unique digital service to local customers and attractive business opportunities to principals. Top industry-rated by Sustainalytics, Azelis is a leader in sustainability. We believe in building and nurturing solid, honest, and transparent relationships with our people and partners.
Impact through ideas. Innovation through formulation.
www.azelis.com
Contacts
Azelis
[email protected]
