2. Group Structure and Shareholders

2.1. Group structure

The registered address of Clariant Ltd is Rothausstrasse 61, 4132 Muttenz, Switzerland. The company’s business operations are conducted through Clariant Group companies. Clariant Ltd, a holding company organized under Swiss law, directly or indirectly owns all Clariant Group companies worldwide. With the exception of Clariant Chemicals (India) Ltd, these companies’ shares are not publicly traded. Clariant owns 51% of the publicly traded company Clariant Chemicals (India) Ltd, based in Airoli, Navi Mumbai, India, and listed on the Bombay Stock Exchange and the National Stock Exchange of India Limited under Stock ID »CLNINDIA«, ISIN No. INE492A01029, with a market capitalization of INR 9 677 043 812 (approx. CHF 135 608 800).

The important subsidiaries of Clariant Ltd are listed in of the »Notes to the consolidated financial statements of the Clariant Group« of the Financial Report 2018.

The Group conducts its business through seven Business Units (Additives; Catalysts; Functional Minerals; Industrial & Consumer Specialties; Masterbatches; Oil & Mining Services; Pigments) and reports in the following four Business Areas: Care Chemicals; Catalysis; Natural Resources; Plastics & Coatings.

2.2. Significant shareholdings of 3% or more of total share capital

Based on the notifications received by Clariant and published by SIX Exchange Regulation, as at 31 December 2018, the following shareholders held 3% or more of voting rights in Clariant Ltd:

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Shareholders

 

  

Voting rights

1

As of 31 December 2017, White Tale Holdings LP/40 North Latitude Master Fund Ltd. held 20.00 % and subsequently increased their shareholdings to 25.15 %. On 25 January 2018, SABIC International Holdings B.V., Sittard, The Netherlands, controlled by the Public Investment Fund of Saudi Arabia (PIF) Riyadh, Kingdom of Saudi Arabia, acquired, subject to the necessary regulatory approvals, a 24.99 % stake in Clariant Ltd previously held by White Tale Holdings LP, resp. Corvex Holdings LLC, resp. 40 North Latitude Master Fund Ltd. On 17 September 2018, this transaction was closed and thus SABIC has become Clariant Ltd‘s largest shareholder.

2

SABIC acquired 24.99 % of the shares of Clariant Ltd on 17 September 2018. The difference corresponds to the amount of treasury shares held by Clariant Ltd which have to be aggregated to the shares held by SABIC solely for regulatory disclosure purposes due to the Governance Agreement entered into by SABIC and Clariant on 17 September 2018.

3

According to a disclosure notification published on 18 December 2018, a group consisting of Konstantin Winterstein, 80333 Munich, Germany, and Elisabeth Prinzessin zu Sayn-Wittgenstein, 80333 Munich, Germany – initially formed on 14 December 2013 and holding 3.73 % partially through Blue Beteiligungsgesellschaft mbH, Strasslach-Dingharting (Germany) and partially through Maple Beteiligungsgesellschaft mbH, Icking (Germany) – was dissolved on 12 December 2018 and formed again according to said disclosure notification of 18 December 2018. The 3.73 % previously held by this group was included in the 13.96 % mentioned under footnote 4.

SABIC International Holdings B.V., Sittard, The Netherlands, controlled by the Public Investment Fund of Saudi Arabia (PIF), Riyadh, Kingdom of Saudi Arabia1

 

  

25.67%2

APG Asset Management N.V., Amsterdam, Netherlands

 

  

5.01%

Blue Beteiligungsgesellschaft mbH, Am Holzmaierfeld, 82064 Strasslach-Dingharting (Germany) and Maple Beteiligungsgesellschaft mbH, 82057 Icking (Germany)3

 

  

3.49%

Former shareholders of Süd-Chemie AG4 who had exchanged their shares against Clariant shares in April 2011 and are related to each other for family or other reasons (especially the Wamsler, Winterstein, Schweighart, and Stockhausen families), held a total of 13.96% of the share capital of Clariant Ltd until this group of shareholders was dissolved according to a disclosure notification published on 18 December 2018.

4 The following former shareholders of Süd-Chemie AG, holding 13.96% of Clariant’s shares, formed a group that was dissolved according to a disclosure notification published on 18 December 2018:
Wilhelm, Dr. Winterstein, Germany
Dolf, Dr. Stockhausen, Switzerland
Axel, Dr. Schweighart, Germany
Rosemarie Schweighart, Germany
Dominique Kraus, Germany
Irene W. Banning, United States
Susanne Wamsler-Singer, Austria
Caroline A., Dr. Wamsler, United States
Amelie Ratjen, Germany
Christof Ratjen, Germany
Christopher Weithauer, Germany
Johanna Bechtle, Germany
Kaspar Bechtle, Germany
Luisa Redetzki, Germany
Karl T. Banning, United States
Schuyler H. Joerger, United States
Sophie Isabel Schweighart, Germany
Heidrun Schweighart, Germany
Adriane Hartner, Austria
Konstantin Alfred Winterstein, Germany
Max-Theodor, Dr. Schweighart, Germany
Peter, Dr. Schweighart, Germany
Moritz Ostenrieder, Germany
Christian Ratjen, Germany
Bettina Wamsler, Germany
Pauline Joerger, United States
Marianne Kunisch, Germany
Maximilian Ratjen, Germany
Julius Ratjen, Germany
Elisabeth Prinzessin zu Sayn-Wittgenstein, Germany
Georg A. Weithauer, Germany
Charlotte Bechtle, Germany
Clara Redetzki, Germany
Marie Redetzki, Germany
Sophia P. Joerger, United States
Susanna Maria Schweighart, Germany
Maria Stockhausen, Switzerland

Disclosure notifications during the financial year 2018 reported to the Stock Exchange Disclosure Office pursuant to Art. 120 of the Financial Markets Infrastructure Act (FMIA) as well as further information in relation to disclosure notifications can be found on the .

At 31 December 2018, Clariant AG itself held 2 250 664 shares in treasury, corresponding to 0.68% of the share capital.

3. Cross-shareholdings

There are no cross-shareholdings.

FURTHER READING