Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
EQS Voting Rights Announcement: Covestro AG
28.11.2024 / 14:51 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 | X | Acquisition/disposal of shares with voting rights | | | Acquisition/disposal of instruments | | | Change of breakdown of voting rights | | | Other reason:
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3. Details of person subject to the notification obligation Legal entity: UBS Group AG
City of registered office, country: Zurich, Switzerland |
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: 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 | 5.09 % | 1.03 % | 6.119 % | 189000000 | | Previous notification | 3.39 % | 1.62 % | 5.009 % | / |
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 | 9613141 | 0 % | 5.09 % | | DE000A40KY26 | 0 | 1468 | 0 % | 0 % | | Total | 9614609 | 5.09 % |
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 of Lent shares | - | At any time | 3116 | 0 % | | Right of Use over Shares (DE0006062144) | - | At any time | 38246 | 0.02 % | | Right of Use over Shares (DE000A40KY26) | - | At any time | 36399 | 0.02 % | | Right of Use over ADR | - | At any time | 520 | 0 % | | Long Call Options | 20/12/2024 | | 85000 | 0.04 % | | | | Total | 163281 | 0.09 % |
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 % | | Short Put Options | 20/12/2024 - 19/12/2025 | | Physical | 345000 | 0.18 % | | Equity Swaps | 29/09/2026 - 25/09/2029 | | Cash | 140384 | 0.07 % | | Equity Swaps | 04/06/2025 - 20/01/2028 | | Physical | 1298000 | 0.69 % | | Right of Use over Reverse Convertible Bond | | At any time | Cash | 988 | 0 % | | Right of Use over Reverse Convertible Bond | | At any time | Physical | 4276 | 0 % | | | | | Total | 1788648 | 0.95 % |
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) | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Switzerland AG | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Asset Management AG | % | % | % | | UBS Asset Management Holding (No. 2) Ltd | % | % | % | | UBS Asset Management Holding Ltd | % | % | % | | UBS Asset Management (UK) Limited | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Europe SE | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Asset Management AG | % | % | % | | UBS Asset Management (Europe) S.A. | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Asset Management AG | % | % | % | | UBS Asset Management Switzerland AG | % | % | % | | UBS Fund Management (Switzerland) AG | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Americas Holding LLC | % | % | % | | UBS Americas Inc. | % | % | % | | UBS Asset Management (Americas) LLC | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Asset Management AG | % | % | % | | UBS Asset Management (Singapore) Ltd | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Asset Management AG | % | % | % | | UBS Asset Management (Australia) Ltd | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Asset Management AG | % | % | % | | UBS Asset Management Holding (No. 2) Ltd | % | % | % | | UBS Asset Management Holding Ltd | % | % | % | | UBS Asset Management Life Limited | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Americas Holding LLC | % | % | % | | UBS Americas Inc. | % | % | % | | UBS Financial Services Inc. | % | % | % | | - | % | % | % | | UBS Group AG | % | % | % | | UBS AG | 3.56 % | % | % | | UBS Americas Holding LLC | % | % | % | | UBS Americas Inc. | % | % | % | | UBS Securities 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: Date
28.11.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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| Language: | English |
| Company: | Covestro AG |
| Kaiser-Wilhelm-Allee 60 |
| 51373 Leverkusen |
| Germany |
| Internet: | www.covestro.com |
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| End of News | EQS News Service |
2040639 28.11.2024 CET/CEST
