Société Générale SA shareholding notification

Rhea-AI Summary

ArcelorMittal announced on 19 May 2021 it received notifications from Société Générale SA regarding shareholding changes. The notifications indicated that Société Générale reached a voting rights threshold of 5.10% on 14 May 2021 and 4.72% on 17 May 2021. Since Société Générale's holdings fell below the 5% threshold by 17 May, no adjustments are needed for the company’s shareholding disclosure. These notifications comply with the Luxembourg Transparency Law and can be found on the Luxembourg Stock Exchange and the company's website.

19 May 2021, 13:40 CET

ArcelorMittal (the “Company”) announces that on 19 May 2021 it received two shareholding notifications from Société Générale SA. The notifications were made to reflect the entry into by Société Générale SA mainly of various financial instruments (as detailed in the notifications). According to the notifications, the following thresholds of (potential) voting rights were reached:

-  5.10% on 14 May 2021, and

-   4.72% on 17 May 2021.

These notifications do not require any adjustments to the disclosure of the Company regarding its shareholding structure as the Company only reports shareholding thresholds above 5% on its website since, following the above-mentioned 17 May 2021 notification, Société Générale SA is again below this threshold.

These notifications are available in the Luxembourg Stock Exchange’s OAM electronic database on www.bourse.lu and on the Company’s website corporate.arcelormittal.com under “Investors - Corporate Governance - Shareholding structure”.

These notifications are published in reference to the Luxembourg law and the Grand Ducal regulation of 11 January 2008, on transparency requirements for issuers of securities (‘Transparency Law’) in view of a shareholding notification going above or below the 5% of voting rights threshold. 

FAQ

What shareholding notifications did ArcelorMittal receive from Société Générale on May 19, 2021?

ArcelorMittal received notifications indicating that Société Générale reached voting rights thresholds of 5.10% on May 14, 2021, and 4.72% on May 17, 2021.

How does the shareholding change affect ArcelorMittal's disclosure requirements?

Since Société Générale's holdings fell below the 5% threshold, no adjustments are necessary for ArcelorMittal's shareholding disclosure.

Where can I find the notifications regarding ArcelorMittal's shareholding changes?

The notifications are available on the Luxembourg Stock Exchange's OAM electronic database and on ArcelorMittal's corporate website.

What legal framework governs the shareholding notifications for ArcelorMittal?

The notifications are published in reference to Luxembourg law and the Grand Ducal regulation of January 11, 2008, concerning transparency requirements for issuers.