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Umicore
Major Shareholding Notification • Nov 8, 2024
4018_mrq_2024-11-08_0dab3072-89b9-4695-924a-0cb5620429eb.pdf
Major Shareholding Notification
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Press release Regulated information November 8th 2024 - 18:30 CET
Transparency notifications by Bank of America Corp.
In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by:
• Bank of America Corp. that it has crossed the regulatory threshold of 3% for equivalent financial instruments downwards on 4 November 2024 and the threshold of 3% for direct voting rights and equivalent financial instruments downwards on 5 November 2024. The total holding of direct voting rights and equivalent financial instruments of Bank of America now stands at 2.94%.
Summary of the moves:
- Bank of America Corp.
| Date on which the threshold was crossed |
Date of notification | Direct voting rights after the transaction |
Equivalent financial instruments after the transaction |
Total |
|---|---|---|---|---|
| 4 November 2024 | 5 November 2024 | 0.35 % | 2.73 % | 3.08 % |
| 5 November 2024 | 6 November 2024 | 0.22 % | 2.72 % | 2.94 % |
Notification from Bank of America Corp.:
The most recent notification contains the following information:
- Date of notification: 6 November 2024
- Date on which the threshold is crossed: 5 November 2024
- Threshold of direct voting rights and equivalent financial instruments crossed downwards: 3%
- Notification by: Bank of America Corp.
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of voting securities or voting rights
| A) Voting rights | Previous notification | After the transaction | ||||
|---|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | ||||
| Holders of voting rights | Linked to securities | Not linked to the securities |
Linked to securities | Not linked to the securities |
||
| Bank of America Corporation | 0 | 0 | 0.00% | |||
| Bank of America, NA | 3,349 | 3,349 | 0.00% | |||
| BofA Securities, Inc. | 9,379 | 12,209 | 0.00% | |||
| Managed Account Advisors, LLC | 3,978 | 3,096 | 0.00% | |||
| Merrill Lynch, Pierce, Fenner & Smith Inc |
28 | 27 | 0.00% | |||
| Merrill Lynch Intemational | 847,511 | 518,963 | 0.21% | |||
| Subtotal | 864,245 | 537,644 | 0.22% | |||
| TOTAL | 537,644 | 0 | 0.22% | 0.00% |
Start with "groups" of holders. Add subtotals with Z, and then finish with the persons who are "alone".
For groups, start with the ultimate controlling natural person or k
| B) Equivalent financial Instruments | After the transaction | ||||||
|---|---|---|---|---|---|---|---|
| Holders of equivalent financial Instruments |
Type of financial Instrument | Expiration date | Exercise period or date |
# of voting rights that may be acquired if the Instrument Is exercised |
% of voting rights | Settlement | |
| Merrill Lynch International | Right to Recall | 271,342 | 0.11% | physical | |||
| Merrill Lynch International | Right of Use | 16,712 | 0.01% | physical | |||
| BofA Securities, Inc. | Right of Use | 11,368 | 0.00% | physical | |||
| Bank of America, NA | Swap | 26/05/2026 | 853,799 | 0.35% | cash | ||
| Bank of America, NA | Swap | 31/07/2026 | 422,214 | 0.17% | cash | ||
| Bank of America, NA | Swap | 14/06/2027 | 80,223 | 0.03% | cash | ||
| Merrill Lynch International | Swap | 26/05/2026 | 853,799 | 0.35% | cash | - | |
| Merrill Lynch International | Swap | 18/11/2024 | 207 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 11/11/2024 | 10,153 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 29/08/2025 | 3,028 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 25/06/2026 | 42,187 | 0.02% | cash | ||
| Merrill Lynch International | Swap | 16/02/2026 | 23,801 | 0.01% | cash | ||
| Merrill Lynch International | Swap | 31/03/2026 | 481,703 | 0.20% | cash | ||
| Merrill Lynch International | Swap | 28/02/2025 | 5,122 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 31/01/2025 | 46,607 | 0.02% | cash | ||
| Merrill Lynch International | Swap | 22/01/2025 | 1,563,154 | 0.63% | cash | ||
| Merrill Lynch International | Swap | 25/11/2024 | 917,503 | 0.37% | cash | ||
| Merrill Lynch International | Swap | 15/09/2025 | 521,836 | 0.21% | cash | ||
| Merrill Lynch International | Swap | 15/10/2029 | 15,762 | 0.01% | cash | ||
| Merrill Lynch International | Swap | 30/04/2026 | 107,632 | 0.04% | cash | ||
| Merrill Lynch International | Swap | 08/01/2025 | 363,755 | 0.15% | cash | ||
| Merrill Lynch International | Swap | 14/06/2027 | 80,223 | 0.03% | cash | ||
| Merrill Lynch International | Swap | 25/10/2027 | 4,533 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 29/12/2025 | 3,097 | 0.00% | cash | + | |
| TOTAL | 6,699,760 | 2.72% |
The zozals will be updated once you have cilcked on
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 7,237,404 | 2.94% |
The previous recent notification contains the following information:
- Date of notification: 5 November 2024
- Date on which the threshold is crossed: 4 November 2024
- Threshold of equivalent financial instruments crossed downwards: 3%
- Notification by: Bank of America Corp.
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of voting securities or voting rights
| A) Voting rights | Previous notification | After the transaction | ||||
|---|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | ||||
| Holders of voting rights | Linked to securities | Not linked to the securities |
Linked to securities | Not linked to the securities |
||
| Bank of America Corporation | D | 0 | 0.00% | |||
| Bank of America, NA | 3,265 | 3,349 | 0.00% | |||
| BofA Securities, Inc. | 8,981 | 9,379 | 0.00% | |||
| Managed Account Advisors, LLC | 10,045 | 3,978 | 0.00% | |||
| U.S. Trust Co of Delaware | 42 | 0 | 0.00% | |||
| Merrill Lynch, Pierce, Fenner & Smith Inc |
27 | 28 | 0.00% | |||
| Merrill Lynch International | 733,752 | 847,511 | 0.34% | |||
| Subtotal | 756,112 | 864,245 | 0.35% | |||
| TOTAL | 864 245 | C | 0 35% | 0 00% |
| B) Equivalent financial instruments | After the transaction | ||||||
|---|---|---|---|---|---|---|---|
| Holders of equivalent financial Instruments |
Type of financial Instrument | Expiration date | Exercise period or date |
# of voting rights that may be acquired if the Instrument Is exercised |
% of voting rights | Settlement | |
| Merrill Lynch International | Right to Recall | 283,703 | 0.12% | physical | |||
| Merrill Lynch International | Right of Use | 13,421 | 0.01% | physical | |||
| BofA Securities, Inc. | Right of Use | 11,368 | 0.00% | physical | |||
| Bank of America, NA | Swap | 26/05/2026 | 864,024 | 0.35% | cash | ||
| Bank of America, NA | Swap | 31/07/2026 | 430,412 | 0.17% | cash | ||
| Bank of America, NA | Swap | 14/06/2027 | 79,493 | 0.03% | cash | ||
| Merrill Lynch International | Swap | 26/05/2026 | 864,024 | 0.35% | cash | ||
| Merrill Lynch International | Swap | 18/11/2024 | 207 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 11/11/2024 | 8,141 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 29/08/2025 | 3,028 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 25/06/2026 | 42,187 | 0.02% | cash | ||
| Merrill Lynch International | Swap | 16/02/2026 | 23,267 | 0.01% | cash | ||
| Merrill Lynch International | Swap | 31/03/2026 | 481,703 | 0.20% | cash | ||
| Merrill Lynch International | Swap | 28/02/2025 | 5,122 | 0.00% | cash | ||
| Merrill Lynch International | Swap | 31/01/2025 | 48,251 | 0.02% | cash | ||
| Merrill Lynch International | Swap | 22/01/2025 | 1,563,154 | 0.63% | cash | ||
| Merrill Lynch International | Swap | 25/11/2024 | 917,503 | 0.37% | cash | ||
| Merrill Lynch International | Swap | 15/09/2025 | 521,836 | 0.21% | cash | ||
| Merrill Lynch International | Swap | 15/10/2029 | 15,762 | 0.01% | cash | ||
| Merrill Lynch International | Swap | 30/04/2026 | 102,299 | 0.04% | cash | ||
| Merrill Lynch International | Swap | 30/06/2025 | રાણિ | 0.00% | cash | ||
| Merrill Lynch International | Swap | 08/01/2025 | 363,755 | 0.15% | cash | ||
| Merrill Lynch International | Swap | 14/06/2027 | 79,493 | 0.03% | cash | ||
| Merrill Lynch International | Swap | 25/10/2027 | 4,621 | 0.00% | cash | + | |
| TOTAL | 6,727,280 | 2.73% |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 7,591,525 | 3.08% |
The chain of control has been described at the end of the notification and can be found here.
For more information
| Investor Relations | ||
|---|---|---|
| Caroline Kerremans | +32 2 227 72 21 | [email protected] |
| Eva Behaeghe | +32 2 227 70 68 | [email protected] |
| Benoit Mathieu | +32 2 227 73 72 | [email protected] |
About Umicore
Umicore is a circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy make a real difference. Its activities are organized in four business groups: Battery Materials, Catalysis, Recycling and Specialty Materials. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life.
Umicore generates the majority of its revenues from and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore's overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: Materials for a better life.
Umicore's industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base with around 12,000 employees. The Group generated revenues (excluding metal) of € 1.8 billion (turnover of € 7.4 billion) in the first half year of 2024.