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
2024-03-28 / 16:50 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:
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:


25 March 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 2.82 % 0.86 % 3.68 % 189000000

Previous 3.1 % 0.86 % 3.96 % /
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 5333263 0 % 2.82 %

US22304D2071 0 50 0 % 0 %

Total 5333313 2.82 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument              Expiration or maturity  Exercise or conversion          Voting rights   Voting rights 
date                    period                               absolute            in % 

Right to Recall of Lent shares At any time 301252 0.16 %

Right of Use over shares At any time 89239 0.05 %

Rights of Use over ADR At any time 1049 0 %
(US22304D2071)

Long Call Option 19/04/2024-20/09/2024 660600 0.35 %

Total 1052140 0.56 %
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 % 

Short Put 19/04/2024-19/12/2025 Physical 432800 0.23 %
Option

Swap 20/06/2024 Cash 134932 0.07 %

Total 567732 0.3 %
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:

% of voting rights (if        % of voting rights through Total of both (if at 
Name                                      at least 3% or more)    instruments (if at least 5% or    least 5% or more) 

more)

UBS Group AG % % %

UBS AG % % %

UBS Switzerland AG % % %

- % % %

UBS Group AG % % %

UBS AG % % %

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 % % %

UBS Asset Management AG % % %

UBS Fund Management (Luxembourg) S.A. % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Asset Management AG % % %

UBS Asset Management Switzerland AG % % %

UBS Fund Management (Switzerland) AG % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Americas Holding LLC % % %

UBS Americas Inc. % % %

UBS Asset Management (Americas) LLC % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Asset Management AG % % %

UBS Asset Management (Singapore) Ltd % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Asset Management AG % % %

UBS Asset Management (Australia) Ltd % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Asset Management AG % % %

UBS Asset Management Holding (No. 2) % % %
Ltd

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(MORE TO FOLLOW) Dow Jones Newswires

March 28, 2024 11:50 ET (15:50 GMT)

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UBS Asset Management Holding Ltd % % %

UBS Asset Management Life Limited % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Americas Holding LLC % % %

UBS Americas Inc. % % %

UBS Financial Services Inc. % % %

- % % %

UBS Group AG % % %

UBS AG % % %

UBS Americas Holding LLC % % %

UBS Americas Inc. % % %

UBS Securities LLC % % %

- % % %

UBS Group AG % % %

Credit Suisse AG % % %

Credit Suisse International % % %

- % % %

UBS Group AG % % %

Credit Suisse AG % % %

Credit Suisse Asset Management % % %
International Holding Ltd

Credit Suisse Asset Management & % % %
Investor Services (Schweiz) Holding AG

Credit Suisse Funds AG % % %
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 March 2024

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2024-03-28 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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1870225 2024-03-28 CET/CEST

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END) Dow Jones Newswires

March 28, 2024 11:50 ET (15:50 GMT)