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Umicore Transparency Notification: Silchester International Investors LLP Disclosure

26 February, 2025 | 3 Min Read

tickers: UMICF

source: GlobeNewswire

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UMICFpositivelyThe ticker UMICF may be positively affected by this news as the increased holding by Silchester International Investors LLP indicates confidence in Umicore’s future prospects, potentially driving up demand for the stock. Additionally, the transparency and compliance with regulatory requirements can enhance investor trust and market sentiment, further boosting the stock’s performance.

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summary

Umicore Receives Transparency Notification from Silchester International Investors

Silchester International Investors LLP Crosses 5% Threshold

In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore has announced that Silchester International Investors LLP has crossed the legal threshold of 5% for direct voting rights. The noted date for the threshold crossing was February 20, 2025 with Umiocore receiving notification on February 21, 2025. Following the transaction, Silchester International Investors LLP’s total holding of direct voting rights and equivalent financial instruments stands at 5.07%, with 0.00% in equivalent financial instruments.

Summary of the Transaction:

ComponentDetails
Date on which the threshold was crossed20 February 2025
Date of notification21 February 2025
Direct voting rights after the transaction5.07%
Equivalent financial instruments after the transaction0.00%
Total5.07%

Details of the Notification

Silchester International Investors LLP recently sent a notification to Umicore. The notification includes the following details:

  • Date of Notification: February 21, 2025
  • Date on which the threshold was Crossed: February 20, 2025
  • Threshold Crossed: 5% upwards
  • Notification by: Silchester International Investors LLP
  • Denominator: 246,400,000
  • Reason for notification: Acquisition or disposal of voting securities or voting rights. The chain of control as described is available via the provided link at the end of the notification. For further details, including the chain of control, please refer to the detailed information.

About Umicore

Umicore operates as a circular materials technology group, focusing on areas where its expertise in materials science, chemistry, and metallurgy is impactful. The company’s business is organized into four key segments: Battery Materials, Catalysis, Recycling, and Specialty Materials. These business units offer cutting-edge materials and solutions essential for technological advancements and daily life. Umicore’s commitment to sustainable value creation emphasizes developing, producing, and recycling materials to improve society, with a strong focus on clean mobility and recycling. The company’s operations are globally situated to best serve its extensive customer base, with over 11,500 employees. With its 2024 worldwide turnover recorded at € 14.9 billion, Umicore strives to integrate sustainability into its operational approach and aims to be a formative leader in the global materials sector.

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