BlackRock Crosses Thresholds in Veolia

On August 29, 2024, Veolia Environnement announced that BlackRock, Inc. had crossed the thresholds of 5% of the capital and voting rights downwards. As of August 28, 2024, the American company held 35,931,379 Veolia shares, representing 4.95% of the capital and voting rights.

This crossing results from an off-market sale of shares and a reduction in the number of shares held as collateral. Initially, BlackRock had discretionary power over the voting rights attached to the securities held on behalf of its clients and management funds.

These shares include 1,390,164 ADRs (American Depositary Receipts), 604,694 shares from "contracts for differences" without maturity and 207,360 shares as collateral. Veolia's capital is composed of 726,148,514 shares representing as many voting rights.