Mercedes-Benz Group 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: Mercedes-Benz Group AG
Mercedes-Benz Group AG: Release according to Article 40, Section 1 of the
WpHG (the German Securities Trading Act) with the objective of Europe-wide
distribution
20.06.2024 / 16:27 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.
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Notification of Major Holdings
1. Details of issuer
Name: Mercedes-Benz Group AG
Street: Mercedesstrasse 120
Postal code: 70372
City: Stuttgart
Germany
Legal Entity Identifier (LEI): 529900R27DL06UVNT076
2. Reason for notification
Acquisition/disposal of shares with voting rights
Acquisition/disposal of instruments
Change of breakdown of voting rights
X Other reason:
Updated calculation methodology for cash equity positions held in
trading books for client facilitation purposes.
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:
17 Jun 2024
6. Total positions
% of voting % of voting rights Total of Total number of
rights attached through both in % voting rights
to shares instruments (total (7.a. + pursuant to
(total of 7.a.) of 7.b.1 + 7.b.2) 7.b.) Sec. 41 WpHG
New 0.10 % 3.43 % 3.53 % 1069837447
Previo- 2.11 % 4.61 % 6.72 % /
us
notifi-
cation
7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN Absolute In %
Direct (Sec. Indirect (Sec. Direct (Sec. Indirect
33 WpHG) 34 WpHG) 33 WpHG) (Sec. 34
WpHG)
DE0007100000 0 916963 0.00 % 0.09 %
US2338252073 0 181690 0.00 % 0.02 %
Total 1098653 0.10 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of Expiration or Exercise or Voting Voting
instrument maturity date conversion rights rights in
period absolute %
Physical Call 17/12/2025 - N/A 24183633 2.26 %
Option 15/07/2027
Right to Recall N/A N/A 20754 0 %
Common Stock
Rights of Use N/A N/A 632484 0.06 %
Common Stock
Rights of Use N/A N/A 3240 0 %
Depositary
Receipt
Physical Call 21/06/2024 - N/A 3655000 0.34 %
Option 17/12/2027
Physical Option 06/01/2025 - N/A 193 0 %
22/05/2025
Physical Call 17/12/2025 - N/A 24183633 2.26 %
Option 15/07/2027
Total 28495304 2.66 %
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of Expiration Exercise or Cash or Voting Voting
instrume- or maturity conversion physical rights rights
nt date period settlement absolute in %
Swaps 27/06/2024 - N/A Cash 3044299 0.28 %
11/06/2029
Put 21/06/2024 - N/A Physical 5150000 0.48 %
Option 15/12/2028
Put 17/12/2025 - N/A Physical 24183633 2.26 %
Option 15/07/2027
Put 17/12/2025 - N/A Physical 24183633 2.26 %
Option 15/07/2027
Total 8194299 0.77 %
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 % of voting rights Total of both
rights (if at through instruments (if at least
least 3% or (if at least 5% or 5% or more)
more) more)
Bank of America % % %
Corporation
NB Holdings % % %
Corporation
BofAML Jersey % % %
Holdings Limited
BofAML EMEA % % %
Holdings 2
Limited
Merrill Lynch % % %
International
- % % %
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
- % % %
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
Merrill Lynch % % %
International,
LLC
Merrill Lynch % % %
B.V.
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 Proportion of Total of
rights instruments both
% % %
10. Other explanatory remarks:
Ad 7.b The put and call options amounting to a percentage of 2,26%
each were not aggregated as they relate to a collar transaction and a
back-to-back collar transaction, respectively, under which, on a
consolidated basis, Bank of America Corporation can acquire 2,26% of
the voting rights in Mercedes-Benz Group AG (or receive an equivalent
amount in cash) only once.
Date
20 Jun 2024
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20.06.2024 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: Mercedes-Benz Group AG
Mercedesstrasse 120
70372 Stuttgart
Germany
Internet: https://group.mercedes-benz.com
End of News EQS News Service
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1930033 20.06.2024 CET/CEST