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Actionable news in LYB: LYONDELLBASELL INDUSTRIES N.V. CLASS A,

Major owner of LyondellBasell Industries NV just disposed of 4,000,000 shares

International Chemicals Ai, a major owner of LyondellBasell Industries NV, recently disposed of 4,000,000 shares of the company. The disposals took place at prices ranging from $92.24 to $93.26 per share, on dates ranging from October 28 to October 30, 2015. Ai still owns 36,080,642 shares of the company. Ai operates out of Bertrange, N4. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.0000 to $92.9800, inclusive. The reporting person undertakes to provide to LyondellBasell Industries N.V., any security holder of LyondellBasell Industries N.V., or the staff of the Securities and Exchange Commission, upon request, full information regard ing the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. The securities reported are held directly by AI International Chemicals S.a r.l. ("AIIC") and may be deemed to be indirectly beneficially owned by AI Investments Holdings LLC ("AIIH"), Access Industries, LLC, Access Industries Holdings LLC, Access Industries Management, LLC and Len Blavatnik because AIIH holds a majority of the outstanding voting interests in AIIC, Access Industries Holdings LLC holds a majority of the outstanding voting interests in AIIH, Access Industries, LLC holds a majority of the outstanding voting interests in Access Industries Holdings LLC, Access Industries Management, LLC controls Access Industries, LLC, Access Industries Holdings LLC and AIIH, and Mr. Blavatnik controls Access Industries Management, LLC and a majority of the outstanding voting interests in Access Industries, LLC. Each of the reporting persons (other than AIIC) disclaims beneficial ownership of the securities held directly by AIIC except to the extent of any pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities. The securities reported are held directly by Altep 2010 L.P. ("Altep 2010") and may be deemed to be indirectly beneficially owned by AI Altep Holdings, Inc. (formerly known as Access Industries, Inc.) and Mr. Blavatnik because AI Altep Holdings, Inc. is the general partner of Altep 2010 and Mr. Blavatnik controls AI Altep Holdings, Inc...

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