Transparency notification

23 January 2025

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Antwerp (Belgium), January 23, 2025 – 8:00 pm CET – In accordance with Article 14 of the Belgian Transparency law of May 2, 2007, Azelis Group NV announces that it has received four transparency notifications from Blackrock, Inc.:

  • one transparency declaration dated December 30, 2024 received on 23 January, 2025;
  • one transparency declaration dated January 13, 2025 received on 22 January, 2025;
  • one transparency declaration dated January 21, 2025 received on 21 January, 2025;
  • one transparency declaration dated January 22, 2025 received on 23 January, 2025.
  1. Summary of the notifications

BlackRock, Inc. reported in the notification dated December 30, 2024, that on December 27, 2024, following an acquisition of voting securities, its shareholding increased and crossed the threshold of 3.00% in Azelis Group NV.

On December 27, 2024, BlackRock, Inc. (taking into account the holding of its affiliates) owned 7,365,142 shares with voting rights, representing 3.02% of the total number of shares issued by the company (243,921,719), versus 7,290,744 shares representing 2.99% in its previous notification dated December 25, 2024, as well as 1,079,391 equivalent financial instruments, representing 0.44% of the voting rights issued by the company, versus 1,172,309 equivalent financial instruments representing 0.48% in its previous notification dated December 25, 2024.

BlackRock, Inc. reported in the notification dated January 13, 2025, that on January 10, 2025, following a disposal of voting securities, its shareholding decreased and crossed downwards the threshold of 3.00% in Azelis Group NV.

On January 10, 2025, BlackRock, Inc. (taking into account the holding of its affiliates) owned 7,123,772 shares with voting rights, representing 2.92% of the total number of shares issued by the company (243,921,719), as well as 1,101,908 equivalent financial instruments, representing 0.45% of the voting rights issued by the company.

BlackRock, Inc. reported in the notification dated January 21, 2025, that on January 20, 2025, following an acquisition of voting securities, its shareholding increased and crossed the threshold of 3.00% in Azelis Group NV.

On January 20, 2025, BlackRock, Inc. (taking into account the holding of its affiliates) owned 7,454,709 shares with voting rights, representing 3.06% of the total number of shares issued by the company (243,921,719), as well as 717,811 equivalent financial instruments, representing 0.29% of the voting rights issued by the company.

BlackRock, Inc. reported in the notification dated January 22, 2025, that on January 21, 2025, following a disposal of voting securities, its shareholding decreased and crossed downwards the threshold of 3.00% in Azelis Group NV.

On January 21, 2025, BlackRock, Inc. (taking into account the holding of its affiliates) owned 7,304,972 shares with voting rights, representing 2.99% of the total number of shares issued by the company (243,921,719), as well as 863,733 equivalent financial instruments, representing 0.35% of the voting rights issued by the company.

 

  1. Content of the notifications

Reason for the notifications

Acquisition or disposal of voting securities or voting rights

 

Notification by

A parent undertaking or a controlling person

 

Persons subject to the notification requirement

Name

Address (for legal entities)

BlackRock, Inc.

50 Hudson Yards, New York, NY, 10001, U.S.A.

BlackRock Advisors (UK) Limited

12 Throgmorton Avenue, London, EC2N 2DL, U.K.

BlackRock Advisors, LLC

50 Hudson Yards, New York, NY, 10001, U.S.A.

BlackRock Asset Management Canada Limited

161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada

BlackRock Asset Management Deutschland AG

Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany

BlackRock Financial Management, Inc.

50 Hudson Yards, New York, NY, 10001, U.S.A.

BlackRock Fund Advisors

400 Howard Street, San Francisco, CA, 94105, U.S.A.

BlackRock Institutional Trust Company, National Association

400 Howard Street, San Francisco, CA, 94105, U.S.A.

BlackRock Investment Management (Australia) Limited

Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia

BlackRock Investment Management (UK) Limited

12 Throgmorton Avenue, London, EC2N 2DL, U.K.

 

Dates on which the threshold is crossed

December 27, 2024

January 10, 2025

January 20, 2025

January 21, 2025

Threshold that is crossed (in %)

3%

Denominator

243,921,719

Notified Details

 

December 27, 2024

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

BlackRock, Inc.

0

0

 

0,00%

 

BlackRock Advisors (UK) Limited

197.062

202.183

 

0,08%

 

BlackRock Advisors, LLC

80.658

80.658

 

0,03%

 

BlackRock Asset Management Canada Limited

60.567

60.567

 

0,02%

 

BlackRock Asset Management Deutschland AG

403.826

403.826

 

0,17%

 

BlackRock Financial Management, Inc.

200

200

 

0,00%

 

BlackRock Fund Advisors

1.823.558

1.822.598

 

0,75%

 

BlackRock Institutional Trust Company, National Association

1.347.578

1.347.560

 

0,55%

 

BlackRock Investment Management (Australia) Limited

328

328

 

0,00%

 

BlackRock Investment Management (UK) Limited

3.376.967

3.447.222

 

1,41%

 

Subtotal

7.290.744

7.365.142

 

3,02%

 

 

TOTAL

7.365.142

0

3,02%

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

BlackRock Advisors (UK) Limited

Securities Lent

 

 

430.829

0,18%

physical

BlackRock Financial Management, Inc.

Securities Lent

 

 

44.052

0,02%

physical

BlackRock Fund Advisors

Securities Lent

 

 

27.297

0,01%

physical

BlackRock Investment Management (UK) Limited

Securities Lent

 

 

577.213

0,24%

physical

TOTAL

 

1.079.391

0,44%

 

 

TOTAL (A & B)

 

 

# of voting rights

% of voting rights

   

CALCULATE

8.444.533

3,46%

 

January 10, 2025

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  esecurities

Linked to securities

Not linked to the securities

BlackRock, Inc.

0

0

 

0.00%

 

BlackRock Advisors (UK) Limited

202,183

167,675

 

0.07%

 

BlackRock Advisors, LLC

80,658

80,658

 

0.03%

 

BlackRock Asset Management Canada Limited

60,567

60,567

 

0.02%

 

BlackRock Asset Management Deutschland AG

403,826

406,493

 

0.17%

 

BlackRock Financial Management, Inc.

200

200

 

0.00%

 

BlackRock Fund Advisors

1,822,598

1,821,870

 

0.75%

 

BlackRock Institutional Trust Company, National Association

1,347,560

1,361,501

 

0.56%

 

BlackRock Investment Management (Australia) Limited

328

328

 

0.00%

 

BlackRock Investment Management (UK) Limited

3,447,222

3,224,480

 

1.32%

 

Subtotal

7,365,142

7,123,772

 

2.92%

 

 

TOTAL

7,123,772

0

2.92%

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

BlackRock Advisors (UK) Limited

Securities Lent

 

 

463,804

0.19%

physical

BlackRock Financial Management, Inc.

Securities Lent

 

 

44,052

0.02%

physical

BlackRock Fund Advisors

Securities Lent

 

 

27,297

0.01%

physical

BlackRock Institutional Trust Company, National Association

Securities Lent

 

 

6,800

0.00%

physical

BlackRock Investment Management (UK) Limited

Securities Lent

 

 

559,955

0.23%

physical

TOTAL

 

1,101,908

0.45%

 

 

TOTAL (A & B)

 

 

# of voting rights

% of voting rights

   

CALCULATE

8,225,680

3.37%

 

January 20, 2025

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

BlackRock, Inc.

0

0

 

0.00%

 

BlackRock Advisors (UK) Limited

167,675

207,720

 

0.09%

 

BlackRock Advisors, LLC

80,658

80,658

 

0.03%

 

BlackRock Asset Management Canada Limited

60,567

60,567

 

0.02%

 

BlackRock Asset Management Deutschland AG

406,493

406,493

 

0.17%

 

BlackRock Financial Management, Inc.

200

200

 

0.00%

 

BlackRock Fund Advisors

1,821,870

1,848,161

 

0.76%

 

BlackRock Institutional Trust Company, National Association

1,361,501

1,345,901

 

0.55%

 

BlackRock Investment Management (Australia) Limited

328

328

 

0.00%

 

BlackRock Investment Management (UK) Limited

3,224,480

3,504,681

 

1.44%

 

Subtotal

7,123,772

7,454,709

 

3.06%

 

 

TOTAL

7,454,709

0

3.06%

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

BlackRock Advisors (UK) Limited

Securities Lent

 

 

423,759

0.17%

physical

BlackRock Financial Management, Inc.

Securities Lent

 

 

44,052

0.02%

physical

BlackRock Institutional Trust Company, National Association

Securities Lent

 

 

6,800

0.00%

physical

BlackRock Investment Management (UK) Limited

Securities Lent

 

 

243,200

0.10%

physical

 

 

TOTAL

 

717,811

0.29%

 

 

 

TOTAL (A & B)

 

 

# of voting rights

% of voting rights

 
     

CALCULATE

8,172,520

3.35%

 

 

January 21, 2025

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

S

BlackRock, Inc.

0

0

 

0,00%

 

1

BlackRock Advisors (UK) Limited

207.720

71.994

 

0,03%

 

1

BlackRock Advisors, LLC

80.658

80.658

 

0,03%

 

1

BlackRock Asset Management Canada Limited

60.567

60.567

 

0,02%

 

1

BlackRock Asset Management Deutschland AG

406.493

408.321

 

0,17%

 

1

BlackRock Financial Management, Inc.

200

200

 

0,00%

 

1

BlackRock Fund Advisors

1.848.161

1.848.161

 

0,76%

 

1

BlackRock Institutional Trust Company, National Association

1.345.901

1.352.619

 

0,55%

 

1

BlackRock Investment Management (Australia) Limited

328

328

 

0,00%

 

1

BlackRock Investment Management (UK) Limited

3.504.681

3.482.125

 

1,43%

 

1

Subtotal

7.454.709

7.304.973

 

2,99%

 

S

 

TOTAL

7.304.973

0

2,99%

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

BlackRock Advisors (UK) Limited

Securities Lent

 

 

559.485

0,23%

physical

BlackRock Financial Management, Inc.

Securities Lent

 

 

44.052

0,02%

physical

BlackRock Investment Management (UK) Limited

Securities Lent

 

 

260.196

0,11%

physical

TOTAL

 

863.733

0,35%

 

 

 

TOTAL (A & B)

 

 

# of voting rights

% of voting rights

 
     

CALCULATE

8.168.706

3,35%

 

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

Please see the full chain of control in “Chain of Control” tab.

Additional information

Notification dated December 27, 2024: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 3%.

Notification dated January 13, 2025: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.

Notification dated January 21, 2025: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 3%.

Notification dated January 22, 2025: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.

  1. Further information

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

Contact information:

Azelis

investor-relations@azelis.com