Citigroup Inc. crossed below the 3% voting rights threshold in Solvay on September 21, 2026. The notification, filed under Belgian transparency legislation, indicates a downward movement in the US bank's holding in the chemical company.

Regulatory filing details

The disclosure was submitted to Solvay and made public on September 25, 2026. It cites the Law of May 2, 2007, regarding transparency in relation to issuers of securities. The reason for the notification is the acquisition or disposal of voting securities or voting rights, specifically resulting in a downward crossing of the lowest threshold.

Stake composition

The notification summary provided by Solvay lists the voting rights and equivalent financial instruments after the transaction as unavailable or not specified in the public summary. The total holding figure is also marked with a dash in the official table. The entity subject to the requirement is Citigroup Inc., registered at 1209 North Orange Street in Wilmington, Delaware, USA.

About Solvay

Solvay is a pioneering chemical company listed on Euronext Brussels and Paris. The company reported €4.3 billion in net sales in 2025 and employs approximately 8,400 people globally. Solvay focuses on delivering essential solutions such as air and water purification, food preservation, and sustainable materials.

Citigroup Inc. has crossed the 3% voting rights threshold in Belgian chemical firm Solvay, triggering mandatory transparency notifications under local legislation.

The US banking giant disclosed the position on September 15, 2026, citing acquisitions of financial instruments treated as voting securities.

Notification Details

Citigroup’s latest filing indicates that the threshold was crossed on September 10, 2026. The bank holds no direct voting rights but maintains an equivalent financial instrument position that brings its total exposure to 3.07%.

The notification was filed by a parent undertaking or controlling person. The denominator for the calculation stands at 105,876,416 shares.

Regulatory Context

The disclosure aligns with the Law of May 2, 2007, governing transparency in Belgium. Citigroup noted that the 3% mark represents the lowest threshold stipulated in Solvay’s articles of association.

Solvay, which reported €4.3 billion in net sales for 2025, is listed on Euronext Brussels and Paris. Full details of the holding chain are available on the company’s investor relations website.