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Umicore – Transparency notification by Bank of America

Umicore – Transparency notification by Bank of America


In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings Bank of America has recently notified Umicore that it has crossed the statutory threshold of 3%, holding less than 3% of Umicore’s voting rights. Details of the current holdings as well as the split across the chain of control have not been disclosed.

Summary of the moves:

Date on which the threshold was crossedDate of notification Direct voting rights after the transactionEquivalent financial instruments after the transactionTotal
28 June 2022July 1st 2022– %– %– %

The most recent notification contains the following information:

  • Date of notification: July 1st 2022
  • Date on which the threshold is crossed: June 28th 2022
  • Threshold of direct voting rights + equivalent financial instruments crossed downwards: 3%
  • Notification by: Bank of America
  • Denominator: 246,400,000
  • Reason for notification: Acquisition or disposal of voting securities or voting rights
  • Notification details:

  

The chain of control has been described at the end of the notification and can be found here.


For more information

Investor Relations

Eva Behaeghe                                               +32 2 227 70 68                         eva.behaeghe@umicore.com

Adrien Raicher                                              +32 2 227 70 68                          adrien.raicher@umicore.com


About Umicore

Umicore is the circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. 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 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. The Group generated revenues (excluding metal) of € 4.0 billion (turnover of € 24.1 billion) and employed 11,050 people in 2021. 

 

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