Regulatory News:
In accordance with Article 14 of the Belgian Transparency law of May 2, 2007, Azelis Group NV (Brussels:AZE) announces that on 4 March, 2025, it has received a transparency notification from Ameriprise Financial, Inc.
1. Summary of the notification
Ameriprise Financial, Inc. reported in its notification dated 3 March, 2025, that on 26 February, 2025, following an acquisition of voting securities, its participation increased and crossed the threshold of 5.00% in Azelis Group NV.
On 26 February, 2025, Ameriprise Financial, Inc. (taking into account the holding of its affiliates) owned 13,028,709 shares with voting rights, representing 5.34% of the total number of shares issued by the company (243,921,719), versus 7,899,952 shares representing 3.24% in its previous notification dated 29 November, 2024.
2. Content of the notification
Reason for the notification
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) |
Ameriprise Financial, Inc. | 1099 Ameriprise Financial Center, Minneapolis, MN 55474, USA |
Date on which the threshold is crossed
26 February, 2025
Threshold that is crossed (in %)
5%
Denominator
243,921,719
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
| Not linked to
| Linked to
| Not linked to
| |
Ameriprise Financial, Inc. | 0 | 0 | 0 | 0.00% | 0.00% |
Threadneedle Asset Management Limited | 7,024,677 | 11,534,281 | 0 | 4.73% | 0.00% |
Columbia Wanger Asset Management, LLC | 306,711 | 526,497 | 0 | 0.22% | 0.00% |
Columbia Management Investment Advisers, LLC | 175,161 | 295,682 | 0 | 0.12% | 0.00% |
Columbia Threadneedle Management Limited | 393,403 | 672,249 | 0 | 0.28% | 0.00% |
Subtotal | 7,899,952 | 13,028,709 | 5.34% | 0.00% | |
TOTAL | 13,028,709 | 0 | 5.34% | 0.00% | |
B) Equivalent financial instruments | After the transaction | |||||
Holders of equivalent
| Type of financial
| Expiration
| Exercise
| # of voting
| % of voting
| Settlement |
0 | 0.00% | |||||
TOTAL | 0 | 0.00% | ||||
TOTAL (A B) | # of voting
| % of voting
| ||
CALCULATE | 13,028,709 | 5.34% |
Chain of controlled undertakings through which the holding is effectively held, if applicable
- Columbia Wanger Asset Management, LLC is wholly owned by Columbia Management Investment Advisers, LLC, which is itself wholly owned by Ameriprise Financial, Inc.
- Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is itself wholly owned by Threadneedle Asset Management Holdings Limited, which is itself wholly owned by TAM UK Holdings Limited, which is itself wholly owned by Threadneedle Holdings Limited, which is itself wholly owned by TAM UK International Holdings Limited, which is itself wholly owned by Ameriprise Financial, Inc.
- Columbia Threadneedle Management Limited is wholly owned by Columbia Threadneedle Holdings Limited, which is wholly owned by Columbia Threadneedle Group (Management) Limited, which is wholly owned by Columbia Threadneedle Group (Holdings) Limited, which is wholly owned by Columbia Threadneedle AM (Holdings) Plc, which is wholly owned by Columbia Threadneedle (Europe) Limited, which is wholly owned by Columbia Threadneedle Investments UK International Limited, which is wholly owned by Ameriprise Financial, Inc.
- For clarity, Ameriprise Financial, Inc. is not a controlled entity.
Additional information
Threadneedle Asset Management Limited; Columbia Wanger Asset Management, LLC; Columbia Management Investment Advisers, LLC and Columbia Threadneedle Management Limited are investment managers who manage funds and accounts which hold the shares reported in this filing.
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 speciality chemical and food ingredients industry present in 65 countries across the globe with over 4,300 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 62,000 customers, supported by +2,800 principal relationships, creating a turnover of €4.2 billion (2024). Azelis Group NV is listed on Euronext Brussels under ticker AZE.
Across our extensive network of more than 70 application laboratories, our award-winning teams 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. Top industry-rated by Sustainalytics, 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
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Contacts:
Azelis
investor-relations@azelis.com
