STOCK TITAN

Société Générale SA shareholding notification

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On December 29, 2021, ArcelorMittal received shareholding notifications from Société Générale SA. The notifications indicate that Société Générale crossed the 5% voting rights threshold, reporting 4.98% on December 24 and 5.04% on December 27. This announcement complies with Luxembourg's Transparency Law regarding shareholding notifications. The information is accessible through the Luxembourg Stock Exchange and ArcelorMittal’s website. As a leading steel and mining company, ArcelorMittal continues to focus on sustainable practices and innovative steel production.

Positive
  • Société Générale's entry into voting rights reflects increased confidence in ArcelorMittal.
  • Shareholding notifications indicate active investment interest, potentially enhancing market credibility.
Negative
  • None.

30 December 2021, 11:25 CET

ArcelorMittal (the ‘Company’) announces that on 29 December 2021 it received two shareholding notifications from Société Générale SA. The notifications were made to reflect Société Générale SA’s entry into various financial instruments (as detailed in the notification).

According to the notifications, the following thresholds of (potential) voting rights were reached:

-  4.98% on 24 December 2021, and

5.04% on 27 December 2021.

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.

ENDS

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries. In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes.

Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/


 
 
Contact information ArcelorMittal Investor Relations 
  
General+44 20 7543 1128
Retail+44 20 3214 2893
SRI+44 20 3214 2801
Bonds/Credit
E-mail
+33 171 921 026
investor.relations@arcelormittal.com
  
  
Contact information ArcelorMittal Corporate Communications 
 

Paul Weigh
Tel:
E-mail:
 

 

+44 20 3214 2419
press@arcelormittal.com
  


FAQ

What shareholding changes occurred for ArcelorMittal on December 29, 2021?

On December 29, 2021, ArcelorMittal received notifications from Société Générale indicating it crossed the 5% voting rights threshold.

What percentage of voting rights did Société Générale hold in ArcelorMittal by December 27, 2021?

Société Générale held 5.04% of voting rights in ArcelorMittal as of December 27, 2021.

Where can I find the shareholding notifications for ArcelorMittal?

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

What does crossing the 5% voting rights threshold mean for ArcelorMittal?

Crossing the 5% voting rights threshold indicates a significant investment stake by Société Générale, which can influence shareholder dynamics.

What is ArcelorMittal's approach to steel production?

ArcelorMittal focuses on innovative, sustainable steel production that reduces energy consumption and emissions.

ArcelorMittal

NYSE:MT

MT Rankings

MT Latest News

MT Stock Data

20.15B
852.81M
4.24%
0.7%
Steel
Basic Materials
Link
United States of America
Luxembourg City