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Last updated : 30/10/2026 - 17h36
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Solvay: UBS Group Exceeds 3% Threshold in Financial Instruments

UBS Group AG has crossed the 3% threshold in the capital of Solvay, according to a transparency notification sent to the Belgian chemical group. The threshold crossing occurred on December 5, 2025.


Solvay: UBS Group Exceeds 3% Threshold in Financial Instruments

Details of the Threshold Crossing

According to the press release issued on December 15, 2025, UBS Group notified Solvay that it had exceeded the 3% threshold in total voting rights. The total participation of the Swiss banking group now stands at 3.37%, up from 3.05% previously. This increase is primarily due to a rise in equivalent financial instruments, which moved from 2.88% to 3.20%, while direct voting rights remained stable at 0.17%. According to the notification dated December 10, 2025, the threshold crossing was carried out on December 5, 2025. The denominator used for the calculation amounts to 105,876,416 shares.

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The company indicates that the obligation to declare arises because the indirect participations of UBS Group in the voting rights of Solvay, held directly by controlled companies, exceeded the regulatory threshold of 3% on December 5, 2025. The notifying party is UBS Group AG, whose head office is located at Bahnhofstrasse 45, 8001 Zurich. This notification is in accordance with Belgian financial transparency legislation, governed by the law of May 2, 2007. The complete chain of companies controlled through which the participation is effectively held is available in the Investor Relations section of Solvay's website.

About Solvay

Solvay is a Belgian chemical group that employs 9,000 people worldwide. Since its founding in 1863, the group has been developing chemical solutions for various sectors, including air purification, water preservation, health protection, and the enhancement of the sustainability of manufactured products. According to the press release, Solvay has set a goal to achieve carbon neutrality by 2050. The group reported a net revenue of 4.7 billion euros in 2024. Solvay is listed on the Euronext markets in Brussels and Paris under the ticker symbol SOLB.



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Context

Period
  • Period: T3 2026
Key reported figures
  • Free cash flow: 54 millions d'euros
Guidance from the release
  • Challenging market environment, excluding potential recovery measures from Sadara, updated guidance reflects Middle East impact
Risks mentioned
  • Middle East conflict impact of approximately €-25 million on underlying EBITDA in Q3 2026
  • Continued shutdown of the Peroxide plant at the Sadara complex in Jubail, Saudi Arabia accounted for €-15 million in Q3 2026
  • Challenging market environment affecting Group performance in Q3 2026
Opportunities identified
  • Joint venture contractual framework includes mechanisms designed to recover lost profitability from Sadara shutdown
  • Group exploring all available avenues to mitigate financial impact of shutdown
  • Transformation program and focus on cash generation and cost savings targets
Outlook / guidance
  • Expected EBITDA: 730 millions d'euros
  • Management commentary: In light of these developments, Solvay has reviewed its full-year 2026 guidance. Excluding potential revenue or recovery measures from Sadara for the remainder of 2026, the updated guidance is: Underlying EBITDA between €720 and €740 million

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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