DJ EQS-PVR: Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
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EQS Voting Rights Announcement: 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
2024-07-05 / 14:44 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
Acquisition/disposal of instruments
Change of breakdown of voting rights
X Other reason:
voluntary group notification with triggered threshold on subsidiary level
3. Details of person subject to the notification obligation
Legal entity: Bank of America Corporation
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:
03 Jul 2024
6. Total positions
% of voting rights % of voting rights through Total of
attached to shares instruments both in % Total number of voting rights
(total of 7.a.) (total of 7.b.1 + 7.b.2) (7.a. + pursuant to Sec. 41 WpHG
7.b.)
New 0.52 % 8.40 % 8.92 % 189000000
Previous 0.24 % 6.06 % 6.30 % /
notification
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN Absolute In %
Direct Indirect Direct Indirect
(Sec. 33 WpHG) (Sec. 34 WpHG) (Sec. 33 WpHG) (Sec. 34 WpHG)
DE0006062144 0 925350 0.00 % 0.49 %
US22304D2071 0 55432 0.00 % 0.03 %
Total 980782 0.52 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument Expiration or maturity Exercise or conversion Voting rights Voting rights in
date period absolute %
Right to Recall n/a n/a 53070 0.03 %
Rights of Use Common Stock n/a n/a 28698 0.02 %
Rights of Use Depositary n/a n/a 350 0 %
Receipts
Physical Call Option 19/07/2024 - 20/12/2024 n/a 1542500 0.82 %
Total 1624618 0.86 %
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of Expiration or maturity Exercise or conversion Cash or physical Voting rights Voting rights
instrument date period settlement absolute in %
Swaps 04/07/2024 - 30/04/ n/a Cash 14033547 7.43 %
2029
Put Option 19/07/2024 n/a Physical 225000 0.12 %
Total 14258547 7.54 %
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 % of voting rights through Total of both (if at
least 3% or more) instruments (if at least 5% or more) least 5% or more)
Bank of America Corporation % % %
NB Holdings Corporation % % %
BofAML Jersey Holdings Limited % % %
BofAML EMEA Holdings 2 Limited % % %
Merrill Lynch International % % 5.09 %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BAC North America Holding % % %
Company
Bank of America, National % % %
Association
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BofA Securities, Inc. % % %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BAC North America Holding % % %
Company
Merrill Lynch, Pierce, Fenner % % %
& Smith Incorporated
Managed Account Advisors LLC % % %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BAC North America Holding % % %
Company
Bank of America, National % % %
Association
U.S. Trust Company of Delaware % % %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BAC North America Holding % % %
Company
Merrill Lynch, Pierce, Fenner % % %
& Smith Incorporated
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
05 Jul 2024
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2024-07-05 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
End of News EQS News Service
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1940749 2024-07-05 CET/CEST
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