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

Mittwoch, 08.05.2024 10:10 von DGAP - Aufrufe: 139

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 08.05.2024 / 10:10 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
X Acquisition/disposal of instruments
  Change of breakdown of voting rights
  Other reason:
3. Details of person subject to the notification obligation
Legal entity: The Goldman Sachs Group, Inc. 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:
02 May 2024
6. Total positions
  % of voting rights attached to shares (total of 7.a.) % of voting rights through instruments (total of 7.b.1 + 7.b.2) Total of both in % (7.a. + 7.b.) Total number of voting rights pursuant to Sec. 41 WpHG
New 0.48 % 9.68 % 10.16 % 189000000
Previous notification 0.71 % 6.30 % 7.02 % /
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN Absolute In %
  Direct (Sec. 33 WpHG) Indirect (Sec. 34 WpHG) Direct (Sec. 33 WpHG) Indirect (Sec. 34 WpHG)
US22304D2071 0 223155 0 % 0.12 %
DE0006062144 0 681990 0 % 0.36 %
Total 905145 0.48 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in %
Right To Recall Open 2394767 1.27 %
Right Of Use Open 1770010 0.94 %
Call Option 20.12.2024 4847700 2.56 %
Call Warrant 15.10.2026 259654 0.14 %
Swap 15.10.2026 34011 0.02 %
    Total 9306141 4.92 %
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument Expiration or maturity date Exercise or conversion period Cash or physical settlement Voting rights absolute Voting rights in %
Swap 04.05.2034 Cash 5927717 3.14 %
Call Warrant 31.12.2030 Cash 484511 0.26 %
Put Option 17.12.2027 Physical 2575400 1.36 %
      Total 8987628 4.76 %
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 least 3% or more) % of voting rights through instruments (if at least 5% or more) Total of both (if at least 5% or more)
The Goldman Sachs Group, Inc. % % %
GSAM Holdings LLC % % %
Goldman Sachs Asset Management, L.P. % % %
- % % %
The Goldman Sachs Group, Inc. % % %
GSAM Holdings LLC % % %
Goldman Sachs Asset Management Holdings LLC % % %
Goldman Sachs Asset Management UK Holdings I Ltd % % %
Goldman Sachs Asset Management UK Holdings II Ltd % % %
Goldman Sachs Asset Management Holdings I B.V. / Goldman Sachs Asset Management Holdings II B.V. % % %
Goldman Sachs Asset Management Holdings B.V. % % %
- % % %
The Goldman Sachs Group, Inc. % % %
Goldman Sachs Bank USA % % %
Goldman Sachs Bank Europe SE % % %
- % % %
The Goldman Sachs Group, Inc. % % %
Goldman, Sachs & Co. Wertpapier GmbH % % %
- % % %
The Goldman Sachs Group, Inc. % % %
Folio Financial, Inc. % % %
Folio Investments, Inc. % % %
- % % %
The Goldman Sachs Group, Inc. % % %
Goldman Sachs & Co. LLC % % %
- % % %
The Goldman Sachs Group, Inc. % % %
Goldman Sachs (UK) L.L.C. % % %
Goldman Sachs Group UK Limited % % %
Goldman Sachs International % 7.54 % 7.57 %
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
07 May 2024

08.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com


Language: English
Company: Covestro AG
Kaiser-Wilhelm-Allee 60
51373 Leverkusen
Germany
Internet: www.covestro.com
 
End of News EQS News Service

1898163  08.05.2024 CET/CEST

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