Umicore – Transparency notifications by Millennium International Management LP and by Bank of America Corp.
Transparency notifications by Millennium International Management LP and by Bank of America Corp.
In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by:
- Millennium International Management LP that it has crossed the statutory threshold of 3% for equivalent financial instruments upwards on 30 August 2024. The total holding of direct voting rights and equivalent financial instruments of Millenium International Management LP now stands at 3.21%.
- Bank of America Corp. that it has crossed the legal threshold of 5% for direct voting rights and equivalent financial instruments downwards, and the regulatory threshold of 3% for direct voting rights downwards on 4 September 2024. The total holding of direct voting rights and equivalent financial instruments of Bank of America now stands at 4.01%
Summary of the moves:
- Millennium International Management LP
Date on which the threshold was crossed | Date of notification | Direct voting rights after the transaction | Equivalent financial instruments after the transaction | Total |
30 August 2024 | 6 September 2024 | 0.00% | 3.21% | 3.21% |
- Bank of America Corp.
Date on which the threshold was crossed | Date of notification | Direct voting rights after the transaction | Equivalent financial instruments after the transaction | Total |
4 September 2024 | 6 September 2024 | 2.97% | 1.04 % | 4.01% |
Notification from Millennium International Management LP:
The notification contains the following information:
- Date of notification: 6 September 2024
- Date on which the threshold is crossed: 30 August 2024
- Threshold of direct voting rights + equivalent financial instruments crossed upwards: 3%
- Threshold of equivalent financial instruments crossed upwards: 3%
- Notification by: Millennium International Management LP
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of voting securities or voting rights
Notification from Bank of America Corp.:
The notification contains the following information:
- Date of notification: 6 September 2024
- Date on which the threshold is crossed: 4 September 2024
- Threshold of direct voting rights + equivalent financial instruments crossed downwards: 5%
- Threshold of direct voting rights crossed downwards: 3%
- Notification by: Bank of America Corp.
- Denominator: 246,400,000
- Reason for notification: Acquisition or disposal of voting securities or voting rights
The chain of control has been described at the end of the notification and can be found here.
For more information
Investor Relations
Caroline Kerremans | +32 2 227 72 21 | caroline.kerremans@umicore.com |
Eva Behaeghe | +32 2 227 70 68 | eva.behaeghe@umicore.com |
Benoit Mathieu | +32 2 227 73 72 | benoit.mathieu@umicore.com |
Adrien Raicher | +32 2 227 74 34 | adrien.raicher@umicore.com |
About Umicore
Umicore is a circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy make a real difference. Its activities are organized in four business groups: Battery Materials, Catalysis, Recycling and Specialty Materials. 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 from 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 with around 12,000 employees. The Group generated revenues (excluding metal) of € 1.8 billion (turnover of € 7.4 billion) in the first half year of 2024.