Umicore Provides Updates on Transparency Notifications
Umicore: Transparency notifications from JP Morgan Chase & Co.
In line with article 14, § 1 of the law of 2 May 2007 concerning the disclosure of major holdings, JP Morgan Chase & Co. has informed Umicore about their substantial holdings in the company.
Summary of Recent Notifications
JP Morgan Chase & Co. has issued multiple notifications regarding their voting rights thresholds. Notably, JPM Securities PLC crossed the statutory threshold of 3% for direct voting rights and equivalent financial instruments on a specific date, with their total holding recorded at 3.23%.
Subsequently, another notification indicated that JP Morgan Securities PLC fell below the 3% threshold for direct voting rights and equivalent financial instruments, bringing their total holding down to 3.01%.
Finally, the organization reported yet another decrease, with their current holding now at 2.67% for direct voting rights and equivalent financial instruments after the specified date.
Information on Chain of Control
Details regarding the chain of control can be found in the complete notifications. This level of transparency is essential for understanding ownership and management of significant stakes within Umicore.
Company Overview
About Umicore
Umicore is recognized as a circular materials technology group that specializes in application areas where their expertise in materials science, chemistry, and metallurgy is crucial. The company operates through four distinct business groups: Battery Materials, Catalysis, Recycling, and Specialty Materials. Each group consists of market-focused business units that provide materials and solutions essential for technological innovations and daily life.
Dedication to Sustainable Practices
Umicore is committed to clean mobility materials and recycling, which represent the majority of its revenue and research investments. The company's mission centers around sustainable value creation, focusing on the development, production, and recycling of materials that enhance quality of life.
With a global presence, Umicore employs approximately 12,000 individuals who are dedicated to delivering exceptional service to their customers. In a recent financial report, Umicore announced impressive revenue figures, reporting €1.8 billion in revenue and a turnover of €7.4 billion for the first half of the fiscal year.
Investor Relations Contact Information
For further inquiries, stakeholders can reach out to:
Caroline Kerremans
Phone: +32 2 227 72 21
Email: caroline.kerremans@umicore.com
Eva Behaeghe
Phone: +32 2 227 70 68
Email: eva.behaeghe@umicore.com
Frequently Asked Questions
What are the recent notifications from JP Morgan Chase & Co. regarding Umicore?
JP Morgan Chase & Co. has notified Umicore about significant changes in their direct voting rights and equivalent financial instruments, indicating movements across important thresholds.
How does Umicore contribute to sustainability?
Umicore is focused on clean mobility materials and recycling, ensuring that their operations are aligned with sustainable practices while generating value.
What are the main business groups within Umicore?
Umicore is structured into four primary business groups: Battery Materials, Catalysis, Recycling, and Specialty Materials.
What was Umicore's reported revenue in the first half of 2024?
Umicore reported revenues of €1.8 billion, with a turnover amounting to €7.4 billion.
Who can I contact for investor relations at Umicore?
For inquiries related to investor relations, you can contact Caroline Kerremans or Eva Behaeghe using the provided contact details.