Industrie De Nora S.p.A.

GLEIF reports direct/ultimate parent FEDERICO DE NORA S.P.A. (LEI 8156007B4174F8380889, IT). Confirmed via De Nora own IR notice (record date 2026-04-20, total share capital 201,685,174 shares): four named holders together hold all 150,481,195 multiple-voting shares (74.6% of capital, ~89.8% of the 502,647,564 total voting rights) -- Federico De Nora S.p.A. (44.06%), Federico De Nora individually (3.28%), Norfin S.p.A. (5.69%) and Asset Company 10 S.r.l. (21.59%). Norfin and Asset Company 10 are named multiple-voting-share holders in the same notice but this pass could not independently confirm who ultimately controls them (plausibly other De Nora-family or ex-Blackstone/Snam-linked vehicles per press coverage of the 2021 Snam transaction, but that link is NOT confirmed here -- flagged rather than guessed). Remainder (25.4% of capital, ordinary single-vote shares) is free float.

Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.

No actions in the register have named or swept this company in the last 24 months.