Syensqo major shareholders structure
Solvac SA
Solvac SA is a public limited liability company incorporated under Belgian law in 1983. Its assets consist exclusively of the Syensqo shares and Solvay SA shares. Solvac SA shares are traded on Euronext Brussels. It has approximately 14,000 shareholders.
According to the latest transparency declaration dated February 15, 2024, Solvac SA crossed the threshold of 30% upwards on December 11, 2023, holding 30.81% of Syensqo's share capital and therefore 30.81% of voting rights. This percentage results from the fact that Solvac SA held 30.81% of Solvay SA share capital and voting rights at the time of the partial demerger of Solvay SA.
BlackRock Inc.
According to the latest transparency declaration dated November 22, 2024, BlackRock Inc. crossed the threshold of 3% downwards, holding 3.65% of total voting rights of Syensqo SA.
Standard Investments LLC
According to the latest transparency declaration dated September 10, 2024, Standard Investments LLC crossed the threshold of 3% upwards, holding 3.00%% of total voting rights of Syensqo SA.
Norges Bank
According to the latest transparency declaration dated September 30, 2024, Norges Bank crossed the threshold of 3% downwards, holding 3.41% of total voting rights of Syensqo SA.
Syensqo SA
Syensqo holds directly and indirectly a total of 1,709,830 own shares, spread out as follows:
- 130,000 Syensqo shares acquired in the framework of the second tranche of the Share Buyback Program that started on November 5, 2024;
- 928,458 Syensqo shares in the framework of the LTIP Share Buyback Program that ended on October 23, 2024;
- 651,372 Syensqo shares and 198,620 call options by Syensqo Stock Option Management SRL (“SSOM”), a wholly owned indirect subsidiary of Syensqo. Those shares and options are held by SSOM on its own account, as part of its strategy to cover the obligations assumed by SSOM regarding stock options granted by Syensqo (or formerly by Solvay) to Group senior executives. The voting rights attached to the Syensqo shares held by SSOM are, as a matter of law, suspended.
Threshold notifications
Syensqo’s by-laws require any shareholder holding voting rights equal or superior to 3% to declare this shareholding to the company and the Financial Services and Markets Authority (FSMA). Any crossing of the first threshold of 3% and thereafter of 5%, 7.5% or any multiple of 5% is subject to this declaration.