Umicore - Transparency notification by Bank of America Corp.

GlobeNewswire
18 Feb

Transparency notification by
$Bank of America Corp(BAC-N)$.

In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by Bank of America Corp. that it has crossed the legal threshold of 3% for the direct voting rights and equivalent financial instruments upwards on February 11th 2025.

The total holding of direct voting rights and equivalent financial instruments of Bank of America Corp. stands at 3.01%.

Summary of the move:

Date on which the threshold was crossed Date of notification Direct voting rights after the transaction Equivalent financial instruments after the transaction Total
11 February 2025 12 February 2025 0.37 % 2.64 % 3.01 %

Notification from Bank of America Corp.:

The notification contains the following information:

  • Date of notification: 12 February 2025
  • Date on which the threshold is crossed: 11 February 2025
  • Threshold of direct voting rights and equivalent financial instruments crossed upwards: 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

About Umicore

Umicore is the 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 more than 11,500 employees. The Group generated revenues (excluding metal) of € 3.4 billion (turnover of € 14.9 billion) in 2024.


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