Major Shareholding Notification • Jan 29, 2025
Major Shareholding Notification
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Voting Rights Announcements | 29 January 2025 10:41
Covestro AG: Correction of a release from 25/10/2024 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: Correction of a release from 25/10/2024 according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
29.01.2025 / 10:41 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News – a service of EQS Group.
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
| X | Acquisition/disposal of shares with voting rights |
| Acquisition/disposal of instruments | |
| Change of breakdown of voting rights | |
| Other reason: |
3. Details of person subject to the notification obligationLegal entity: Government of Abu Dhabi
City of registered office, country: Abu Dhabi , United Arab Emirates
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
XRG P.J.S.C. (vormals/previously ADNOC International Limited)
5. Date on which threshold was crossed or reached:01 Oct 2024
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 | 8.50 % | 0.20 % | 8.70 % | 189000000 |
| Previous notification | n/a % | n/a % | n/a % | / |
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) |
|
| DE0006062144 | 0 | 16056824 | 0.00 % | 8.50 % |
| Total | 16056824 | 8.50 % |
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 % |
| Re-transfer claim from a securites loan | n/a | n/a | 382104 | 0.20 % |
| Total | 382104 | 0.20 % |
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 % |
| 0 | 0.00 % | ||||
| Total | 0 | 0.00 % |
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) |
| Government of Abu Dhabi | % | % | % |
| Abu Dhabi National Oil Company (ADNOC) P.J.S.C. | % | % | % |
| XRG P.J.S.C (vormals/previously ADNOC International Limited) | 8.15 % | % | 8.15 % |
| – | % | % | % |
| Government of Abu Dhabi | % | % | % |
| Abu Dhabi Investment Authority | % | % | % |
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:
Date
28 Jan 2025
29.01.2025 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 |
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