STOCK TITAN

Société Générale SA shareholding notification

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

On January 26, 2022, ArcelorMittal notified that it received a shareholding notification from Société Générale SA. The notification indicates that Société Générale SA reached a threshold of 4.88% of potential voting rights as of January 21, 2022. This information is crucial for investors as it reflects changes in shareholding that may impact stock performance. The notification complies with the Transparency Law in Luxembourg regarding issuers of securities. Further details are available on the company’s website and the Luxembourg Stock Exchange’s OAM database.

Positive
  • Société Générale SA acquired 4.88% of voting rights, reflecting interest in ArcelorMittal's stock.
  • The notification enhances transparency, aligning with regulatory requirements.
Negative
  • None.

28 January 2022, 12:30 CET

ArcelorMittal (the “Company”) announces that on 26 January 2022 it received a shareholding notification from Société Générale SA. The notification was made to reflect Société Générale SA’s entry into various financial instruments (as detailed in the notification).

According to the notification, the following threshold of (potential) voting rights was reached:

- 4.88% on 21 January 2022

This notification is 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”.

This notification is 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 is the significance of Société Générale SA's shareholding in MT?

Société Générale SA's acquisition of 4.88% voting rights indicates increased institutional interest in MT, which may influence stock valuation.

When did Société Générale SA report its shareholding in ArcelorMittal (MT)?

The shareholding notification was reported on January 26, 2022, regarding voting rights reached on January 21, 2022.

Where can I find more information about ArcelorMittal's shareholding structure?

Detailed information is available on the Luxembourg Stock Exchange OAM database and on ArcelorMittal's corporate website.

What are the compliance implications of this shareholding notification for MT?

The notification complies with the Transparency Law in Luxembourg, ensuring adherence to shareholding disclosure requirements.

ArcelorMittal

NYSE:MT

MT Rankings

MT Latest News

MT Stock Data

19.86B
852.81M
4.24%
0.7%
Steel
Basic Materials
Link
United States of America
Luxembourg City