Azelis Group NV: Transparency Notification

Rhea-AI Summary

Azelis Group NV disclosed a transparency notification on January 31, 2023, indicating that EQT VIII Fund reduced its shareholding below 50%, specifically to 49.99%. This decrease followed a disposal of voting securities on January 26, 2023. Prior to this, EQT VIII Fund held 50.97% of the shares. The total number of shares is 233,846,153, meaning EQT VIII Fund now possesses 116,899,284 shares with voting rights. This shift indicates a significant decrease in control over the company by EQT VIII Fund. Detailed notifications regarding the holding and voting rights adjustments were shared as part of the regulatory requirements.

Positive

• None.

Negative

• EQT VIII Fund's shareholding decreased from 50.97% to 49.99%, indicating a loss of majority control.
• Potential concerns among investors regarding the influence of the EQT VIII Fund on company decisions may arise due to decreased ownership.

ANTWERP, Belgium--(BUSINESS WIRE)-- Regulatory News:

In accordance with Article 14 of the Belgian Transparency law of 2 May 2007, Azelis Group NV (Brussels:AZE) announces that it has received the following transparency notification on January 31, 2023:

• Transparency notification from EQT VIII Fund

1. Summary of the notification

EQT VIII Fund reported in a notification dated January 31, 2023 that on January, 26, 2023, following a disposal of voting securities, its shareholding decreased and crossed downwards the threshold of 50.00% in Azelis Group NV.

On January 26, 2023, EQT VIII Fund (taking into account the holding of its affiliates) owned 116,899,284 shares with voting rights, representing 49.99% of the total number of shares issued by the company (233,846,153), versus 50.97 % (119,199,284 shares) in the previous notification dated October 12, 2021.

2. Content of the notification

Reason for the notification

Acquisition or disposal of voting securities or voting rights and downward crossing of a threshold.

Notification by

A parent undertaking or a controlling person

Persons subject to the notification requirement

Name	Address (for legal entities)
EQT VIII Collect SCSp	51A Boulevard Royal, 2449 Luxembourg - Luxembourg
EQT VIII SCSp	51A Boulevard Royal, 2449 Luxembourg - Luxembourg
EQT VIII Investments S. à r. l.	51A Boulevard Royal, 2449 Luxembourg - Luxembourg
Akita I S. à r. l.	51A Boulevard Royal -L2449 Luxembourg - Luxembourg

Date on which the threshold is crossed

26 January 2023

Threshold that is crossed (in %)

50%

Denominator

233,846,153

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
EQT VIII Collect SCSp		0	0	0.00%	0.00%
EQT VIII SCSp		0	0	0.00%	0.00%
Akita I S. à r. l.	119,199,284	116,899,284		49.99%
Subtotal		116,899,284		49.99%
	TOTAL	116,899,284	0	49.99%	0.00%

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	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
	TOTAL			0	0.00%

TOTAL (A & B)			# of voting rights	% of voting rights
		CALCULATE	116,899,284	49.99%

Chain of controlled undertakings through which the holding is effectively held, if applicable

Akita I S. à r. l. is controlled by EQT VIII Investments S. à r. l. that is controlled by EQT VIII SCSp. EQT VIII SCSp is controlled by EQT VIII Collect SCSp. EQT VIII Collect SCSp is not controlled by any of its shareholders. EQT VIII Collect SCSp is managed by EQT VIII (GP) SCS.

PRESS RELEASE REGULATED INFORMATION

Additional information

3. Further information

The full transparency notification as well as this press release can be consulted on the Azelis Group NV’s website.

About Azelis

Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry present in over 57 countries across the globe with over 3,000 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 51,000 customers, supported by ~2,300 principal relationships, creating a turnover of €2.8 billion (2021). Azelis Group NV is listed on Euronext Brussels under ticker AZE.

Across our extensive network of more than 60 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. EcoVadis Platinum rated, 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

View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005532/en/

For more information, please contact:

Azelis

investor-relations@azelis.com

Source: Azelis Group NV

FAQ

What happened to Azelis Group NV's shareholding on January 31, 2023?

On January 31, 2023, it was reported that EQT VIII Fund reduced its shareholding in Azelis Group NV below 50%, now owning 49.99%.

What is the current percentage of shares held by EQT VIII Fund in Azelis Group NV?

EQT VIII Fund currently holds 49.99% of the shares in Azelis Group NV.

How many shares does EQT VIII Fund own in Azelis Group NV?

EQT VIII Fund owns 116,899,284 shares in Azelis Group NV.

What was the previous ownership percentage of EQT VIII Fund before January 26, 2023?

Before January 26, 2023, EQT VIII Fund held 50.97% of Azelis Group NV's shares.

Why did EQT VIII Fund issue a transparency notification regarding Azelis Group NV?

The transparency notification was issued to report a decrease in the shareholding below the 50% threshold following the disposal of voting securities.