The BlackRock company falls below the 5% threshold in Orange

On June 14, 2024, Orange announced that BlackRock, Inc., an American asset manager, had fallen below the threshold of 5% of Orange's capital. As of June 13, 2024, BlackRock holds 130,459,674 Orange shares, representing 4.90% of the capital and 4.11% of the voting rights.

This change results from a reduction in the number of Orange shares held as collateral. BlackRock, however, retains part of its holdings through various investment structures, including ADRs, CFDs and securities lending contracts.

Orange's capital is made up of 2,660,056,599 shares. The company emphasizes that this declaration is established under the responsibility of BlackRock, without involvement of the AMF for the verification of the information communicated.