AI Terminal
Umicore
Major Shareholding Notification • Aug 28, 2024
4018_mrq_2024-08-28_bd53a806-ef9c-41aa-a6e4-0a75f40cd78e.pdf
Major Shareholding Notification
Open in ViewerOpens in native device viewer
Press release Regulated information August 28 th 2024 - 18:30 CEST
Transparency notification by JP Morgan Chase & Co.
In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings, JP Morgan Chase & Co. has notified Umicore:
- on 23 August that JPM Securities PLC crossed the statutory threshold of 3% for direct voting rights and equivalent financial instruments upwards on 21 August 2024. The total holding of direct voting rights and equivalent financial instruments of JP Morgan Chase & Co. (JPM Securities PLC, JP Morgan Securities LLC and JPM Morgan Structured Product BV) stood at 3.23%.
- on 26 August that JP Morgan Securities PLC crossed the statutory threshold of 3% for direct voting rights and equivalent financial instruments downwards on 22 August 2024. The total holding of direct voting rights and equivalent financial instruments of JP Morgan Chase & Co. (JPM Securities PLC, JP Morgan Securities LLC and JPM Morgan Structured Product BV) stood at 3.01%.
- on 27 August that JP Morgan Chase & Co. (JPM Securities PLC, JP Morgan Securities LLC and JPM Morgan Structured Product BV) crossed the statutory threshold of 3% for direct voting rights and equivalent financial instruments downwards on 23 August 2024. The total holding of direct voting rights and equivalent financial instruments of JP Morgan Chase & Co. (JPM Securities PLC, JP Morgan Securities LLC and JPM Morgan Structured Product BV) now stand at 2.67%.
| 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 |
|
| JPMorgan Chase & Co. | 0 | 0 | O | 0.00% | 0.00% |
| J.P. Morgan Securities PLC | 3.045.617 | 2,212,737 | O | 0.90% | 0.00% |
| J.P. Morgan Securities LLC | 252,765 | 252,765 | O | 0.10% | 0.00% |
| Subtotal | 3,298,382 | 2,465,502 | 1.00% | ||
| TOTAL | 2,465,502 | 0 | 1.00% | 0.00% |
Notification of 27 August 2024 (threshold crossed 23 August 2024)
| 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 |
| J.P. Morgan Securities PLC | Equity SWAP | 28/11/2024 - 03/02/20 | 4,062,951 | 1.65% | ||
| J.P. Morgan Securities PLC | Convertible Bond | 23/06/2025 | 23/06/2025 | 7.349 | 0.00% | |
| J.P. Morgan Securities LLC | Third Party Depository Receipt where right of use held | 675 | 0.00% | |||
| J.P. Morgan Structured Products B.V. | Cash Settled Call Option | 07/11/2024 | 07/11/2024 | 3,522 | 0.00% | |
| J.P. Morgan Securities PLC | Third Party Equity where right of use held | 29,630 | 0.01% | |||
| TOTAL | 1.67% | |||||
| The totals will be updated once you have clicked on |
||||||
| TOTAL (A & B) | # of voting rights | % of voting rights |
Notification of 26 August 2024 (threshold crossed 22 August 2024)
| 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 |
||
| JPMorgan Chase & Co. | 0 | O | 0 | 0.00% | 0.00% | |
| J.P. Morgan Securities PLC | 0 | 3.045.617 | O | 1.24% | 0.00% | |
| J.P. Morgan Securities LLC | 0 | 252,765 | O | 0.10% | 0.00% | |
| Subtotal | 3,298,382 | 1.34% | ||||
| TOTAL | 3,298,382 | 0 | 1.34% | 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 |
| J.P. Morgan Securities PLC | Equity SWAP | 28/11/2024 - 03/02/20 | 4,076,498 | 1.65% | cash | |
| J.P. Morgan Securities PLC | Convertible Bond | 23/06/2025 | 23/06/2025 | 7,349 | 0.00% | physical |
| J.P. Morgan Securities LLC | Third Party Depository Receipt where right of use held | 425 | 0.00% | physical | ||
| J.P. Morgan Structured Products B.V. | Cash Settled Call Option | 07/11/2024 | 07/11/2024 | 3.374 | 0.00% | cash |
| J.P. Morgan Securities PLC | Third Party Equity where right of use held | 29,630 | 0.01% | cash | ||
| TOTAL | 4,117,276 | 1.67% |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 7,415,658 | 3.01% |
Notification of 23 August 2024 (threshold crossed 21 August 2024)
| 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 |
|
| JPMorgan Chase & Co. | 0 | 0 | 0 | 0.00% | 0.00% |
| J.P. Morgan Securities PLC | 0 | 3.485.603 | 0 | 1.41% | 0.00% |
| J.P. Morgan Securities LLC | 0 | 256,736 | 0 | 0.10% | |
| Subtotal | 3.742.339 | 1.52% | |||
| TOTAL | 3,742,339 | 0 | 1.52% | 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 |
| J.P. Morgan Securities PLC | Equity SWAP | 28/11/2024 - 03/02/20 | 4,101,015 | 1.66% | cash | |
| J.P. Morgan Securities PLC | Convertible Bond | 23/06/2025 | 23/06/2025 | 7,349 | 0.00% | physical |
| J.P. Morgan Securities LLC | Equity Depository Receipt | 50 | 0.00% | physical | ||
| J.P. Morgan Structured Products B.V. | Cash Settled Call Option | 07/11/2024 | 07/11/2024 | 100,000 | 0.04% | cash |
| TOTAL | 4,208,414 | 1.71% | ||||
| The totals will be updated once you have clicked on |
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] |
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.