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 (»BSE«) and the National Stock Exchange (»NSE«) in India under Stock ID »CLNINDIA«, Scrip Code: 506390, ISIN No. INE492A01029, with a market capitalization of INR 11 362 015 066 on the NSE and INR 11 389 713 223 on the BSE.
[Clariant Chemicals (India) Ltd was sold as part of the divestment of Clariant’s pigment business, the Business Unit PigmentsPigmentsPigments are substances used for coloring; they are used in a technical manner, for example in the manufacture of dyes, varnishes, and plastics. In 2020, Clariant launched the divestment process of its Pigments business, which was completed on 3 January 2022.View entire glossary , which closed on 3 January 2022.]
The important subsidiaries of Clariant Ltd are listed in note 37 of the Notes to the consolidated financial statements of the Clariant Group in the Financial Report 2021.
The Group conducts its business through six business units: Additives; Catalysts; Functional Minerals; Industrial & Consumer Specialties; Oil and Mining Services; as well as the Business Unit PigmentsPigmentsPigments are substances used for coloring; they are used in a technical manner, for example in the manufacture of dyes, varnishes, and plastics. In 2020, Clariant launched the divestment process of its Pigments business, which was completed on 3 January 2022.View entire glossary (until the completion of the divestment on 3 January 2022) and reports its continuing operations in the following three business areas: Care Chemicals; Catalysis; and Natural Resources (i.e., Functional Minerals, Oil and Mining Services, Additives).
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 of 31 December 2021, the following shareholders held 3 % or more of voting rights in Clariant Ltd:
| Shareholders | Voting rights | |
|---|---|---|
| SABIC International Holdings B.V., Sittard, The Netherlands, controlled by the Public Investment Fund of Saudi Arabia (PIF), Riyadh, Kingdom of Saudi Arabia | 32.35 % 1 | |
| BlackRock Inc., New York, United States | 3.8 % | |
| Blue Beteiligungsgesellschaft mbH, Am Holzmaierfeld, 82064 Strasslach-Dingharting, Germany, and Maple Beteiligungsgesellschaft mbH, 82057 Icking, Germany 2 | 3.49 % | |
| PSquared Master SICAV Ltd, on behalf of its subfund Valetta, Malta Leveraged Event Fund LP, Grand Cayman, Cayman Islands, controlled by Patrick Schmitz-Morkramer, Zurich, Switzerland, and Patrick Bierbaum, Zurich, Switzerland | 3.035 % | |
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1 SABIC acquired 24.99 % of the shares of Clariant Ltd on 17 September 2018, and increased its participation by 6.51 % to 31.5 % on 9 September 2020. SABIC has not changed its participation of 31.5 % since then. The difference between this figure (i.e., 31.5 %) and the abovementioned 32.35 % corresponds to the amount of treasury shares held by Clariant Ltd as of 31 December 2021, 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.
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2 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, was formed.
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Disclosure notifications during the 2021 financial year reported to the Stock Exchange Disclosure Office pursuant to Article 120 of the Financial Markets Infrastructure Act (FMIA) as well as further information in relation to disclosure notifications can be found on the SIX Swiss Exchange reporting platform:
www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html
As of 31 December 2021, Clariant Ltd itself held 2 822 712 shares in treasury, corresponding to 0.85 % of the share capital.