In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings Norges Bank has notified Umicore on 7 March 2019 that on 6 March 2019 it has crossed the statutory threshold of 3% downwards, holding 2.99% of Umicore's shares and voting rights, including equivalent financial instruments.
Notification details
- Date of notification: 7 March 2019
- Date on which the threshold is crossed: 6 March 2019
- Threshold crossed downwards: 3%
- Notification by: Norges Bank
- Denominator: 246,400,000
- Notification details:
1. Voting rights
|
|
Previous notification |
After the transaction |
|
|
Holders of voting rights |
# voting rights |
# voting rights |
% voting rights |
|
Norges Bank |
4,725,996 |
2,747,681 |
1.12% |
|
Subtotal |
|
2,747,681 |
1.12% |
2. Equivalent financial instruments
|
Holders of equivalent financial instruments |
Type of financial instrument |
Exercise date or period |
# voting rights that may be acquired if the instrument is exercised |
% voting rights |
Settlement |
|
Norges Bank |
Shares on Loan (Right to Recall) |
At any time |
4,610,119 |
1.87% |
physical |
|
Subtotal |
|
|
4,610,119 |
1.87% |
|
3. Total (1 + 2)
|
|
# voting rights |
% voting rights |
|
TOTAL |
7,357,800 |
2.99% |
- Chain of control: Norges Bank is the central bank of Norway. As part of its central bank activities, Norges Bank manages Norway's foreign exchange reserves and is responsible for management of the Norwegian Government Pension Fund Global (GPFG). The formal responsibility for management of the GPFG is placed with the Ministry of Finance, but is delegated to Norges Bank. All investments are executed by Norges Bank acting as principal and all holdings are registered in the name of Norges Bank.
This press release is available on Umicore’s website. The notification can be found here.
