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Umicore - Transparency notifications by BlackRock, Inc. and by Bank of America Corp.

Transparency notifications by

BlackRock, Inc. 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:

  • Bank of America Corp. that its subsidiary Merrill Lynch International has crossed the regulatory threshold of 3% for equivalent financial instruments downwards on 14 October 2024. The total holding of direct voting rights and equivalent financial instruments of Bank of America now stands at 3.80%.

  • By BlackRock, Inc. that it has crossed the legal threshold of 3% for the direct voting rights and equivalent financial instruments, downwards on 14 October 2024.The total holding of direct voting rights and equivalent financial instruments of BlackRock, Inc. now stands at 2.89%.

Summary of the moves:

      1.   Bank of America Corp.

Date on which the threshold was crossedDate of notificationDirect voting rights after the transactionEquivalent financial instruments after the transactionTotal
14 October 202415 October 20240.32 %3.48 %3.80 %
      2.   BlackRock, Inc.

Date on which the threshold was crossedDate of notificationDirect voting rights after the transactionEquivalent financial instruments after the transactionTotal
14 October 202415 October 20242.41 %0.48 %2.89 %
Notification from Bank of America Corp.:

The most recent notification contains the following information:

  • Date of notification: 15 October 2024
  • Date on which the threshold is crossed: 14 October 2024
  • Threshold of equivalent financial instruments crossed downwards by Merrill Lynch: 3%
  • Notification by: Bank of America Corp.
  • Denominator: 246,400,000
  • Reason for notification: Acquisition or disposal of voting securities or voting rights

Notification from BlackRock, Inc.:

The previous recent notification contains the following information:

  • Date of notification: 15 October 2024
  • Date on which the threshold is crossed: 14 October 2024
  • Threshold of direct voting rights + equivalent financial instruments crossed downwards: 3%
  • Notification by: BlackRock, Inc.
  • 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

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.