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Declaration of Voting Results & Voting Rights Announcements • Dec 14, 2022
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Declaration of Voting Results & Voting Rights Announcements
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Voting Rights Announcements | 14 December 2022 15:45
Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Covestro AG
Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
14.12.2022 / 15:45 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Notification of Major Holdings
1. Details of issuer
| Name: | Covestro AG |
| Street: | Kaiser-Wilhelm-Allee 60 |
| Postal code: | 51373 |
| City: | Leverkusen Germany |
| Legal Entity Identifier (LEI): | 3912005AWHKLQ1CPLV11 |
2. Reason for notification
| Acquisition/disposal of shares with voting rights | |
| X | Acquisition/disposal of instruments |
| Change of breakdown of voting rights | |
| Other reason: |
3. Details of person subject to the notification obligationLegal entity: The Goldman Sachs Group, Inc.
City of registered office, country: Wilmington, DE , United States of America (USA)
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:02 Dec 2022
6. Total positions
| % of voting rights attached to shares (total of 7.a.) |
% of voting rights through instruments (total of 7.b.1 + 7.b.2) |
Total of both in % (7.a. + 7.b.) |
Total number of voting rights pursuant to Sec. 41 WpHG | |
| New | 0.35 % | 5.85 % | 6.20 % | 193200000 |
| Previous notification | 0.45 % | 4.36 % | 4.80 % | / |
7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
| ISIN | Absolute | In % | ||
| Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
Direct (Sec. 33 WpHG) |
Indirect (Sec. 34 WpHG) |
|
| US22304D2071 | 0 | 231643 | 0 % | 0.12 % |
| DE0006062144 | 0 | 450043 | 0 % | 0.23 % |
| Total | 681686 | 0.35 % |
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Voting rights absolute | Voting rights in % |
| Right To Recall | Open | 831935 | 0.43 % | |
| Right Of Use | Open | 630818 | 0.33 % | |
| Call Option | 20.12.2024 | 1680300 | 0.87 % | |
| Call Warrant | 15.10.2026 | 76352 | 0.04 % | |
| Swap | 15.10.2026 | 34011 | 0.02 % | |
| Total | 3253416 | 1.68 % |
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
| Type of instrument | Expiration or maturity date | Exercise or conversion period | Cash or physical settlement | Voting rights absolute | Voting rights in % |
| Put Option | 20.12.2030 | Cash | 896555 | 0.46 % | |
| Call Warrant | 31.12.2030 | Cash | 1387580 | 0.72 % | |
| Put Option | 20.12.2024 | Physical | 1615561 | 0.84 % | |
| Call Option | 20.12.2030 | Cash | 440601 | 0.23 % | |
| Swap | 10.08.2037 | Cash | 2608065 | 1.35 % | |
| Future | 20.12.2024 | Cash | 1096461 | 0.57 % | |
| Total | 8044824 | 4.16 % |
8. Information in relation to the person subject to the notification obligation
| Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.). | |
| X | Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: |
| Name | % of voting rights (if at least 3% or more) | % of voting rights through instruments (if at least 5% or more) | Total of both (if at least 5% or more) |
| The Goldman Sachs Group, Inc. | % | % | % |
| GSAM Holdings LLC | % | % | % |
| Goldman Sachs Asset Management, L.P. | % | % | % |
| – | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| GSAM Holdings LLC | % | % | % |
| NNIP Holdings LLC | % | % | % |
| NNIP UK Holdings I Ltd | % | % | % |
| NNIP UK Holdings II Ltd | % | % | % |
| NNIP Holdings I B.V. / NNIP Holdings II B.V. | % | % | % |
| NN Investment Partners Holdings B.V. | % | % | % |
| – | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs Bank USA | % | % | % |
| Goldman Sachs Bank Europe SE | % | % | % |
| – | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman, Sachs & Co. Wertpapier GmbH | % | % | % |
| – | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs & Co. LLC | % | % | % |
| – | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs (UK) L.L.C. | % | % | % |
| Goldman Sachs Group UK Limited | % | % | % |
| Goldman Sachs International | % | % | % |
| – | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| IMD Holdings LLC | % | % | % |
| United Capital Financial Partners, Inc. | % | % | % |
| United Capital Financial Advisers, LLC | % | % | % |
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
| Proportion of voting rights | Proportion of instruments | Total of both |
| % | % | % |
10. Other explanatory remarks:
This disclosure reflects the inclusion of certain existing positions resulting from cash-settled listed options referencing certain indices where the issuer is a constituent of the relevant index.
Date
13 Dec 2022
14.12.2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Covestro AG |
| Kaiser-Wilhelm-Allee 60 | |
| 51373 Leverkusen | |
| Germany | |
| Internet: | www.covestro.com |
| End of News | EQS News Service |