Notification of Major Holdings
1. Details of issuer
| Name: |
Mercedes-Benz Group AG |
| Street: |
Mercedesstrasse 120 |
| Postal code: |
70372 |
| City: |
Stuttgart
Germany |
| Legal Entity Identifier (LEI): |
529900R27DL06UVNT076 |
2. Reason for notification
| |
Acquisition/disposal of shares with voting rights |
| |
Acquisition/disposal of instruments |
| |
Change of breakdown of voting rights |
| X |
Other reason:
Updated calculation methodology for cash equity positions held in trading books for client facilitation purposes. |
3. Details of person subject to the notification obligation
Legal entity: Bank of America Corporation
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:
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 |
0.10 % |
3.43 % |
3.53 % |
1069837447 |
| Previous notification |
2.11 % |
4.61 % |
6.72 % |
/ |
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) |
| DE0007100000 |
0 |
916963 |
0.00 % |
0.09 % |
| US2338252073 |
0 |
181690 |
0.00 % |
0.02 % |
| Total |
1098653 |
0.10 % |
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 % |
| Physical Call Option |
17/12/2025 - 15/07/2027 |
N/A |
24183633 |
2.26 % |
| Right to Recall Common Stock |
N/A |
N/A |
20754 |
0 % |
| Rights of Use Common Stock |
N/A |
N/A |
632484 |
0.06 % |
| Rights of Use Depositary Receipt |
N/A |
N/A |
3240 |
0 % |
| Physical Call Option |
21/06/2024 - 17/12/2027 |
N/A |
3655000 |
0.34 % |
| Physical Option |
06/01/2025 - 22/05/2025 |
N/A |
193 |
0 % |
| Physical Call Option |
17/12/2025 - 15/07/2027 |
N/A |
24183633 |
2.26 % |
| |
|
Total |
28495304 |
2.66 % |
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 % |
| Swaps |
27/06/2024 - 11/06/2029 |
N/A |
Cash |
3044299 |
0.28 % |
| Put Option |
21/06/2024 - 15/12/2028 |
N/A |
Physical |
5150000 |
0.48 % |
| Put Option |
17/12/2025 - 15/07/2027 |
N/A |
Physical |
24183633 |
2.26 % |
| Put Option |
17/12/2025 - 15/07/2027 |
N/A |
Physical |
24183633 |
2.26 % |
| |
|
|
Total |
8194299 |
0.77 % |
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) |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| BofAML Jersey Holdings Limited |
% |
% |
% |
| BofAML EMEA Holdings 2 Limited |
% |
% |
% |
| Merrill Lynch International |
% |
% |
% |
| - |
% |
% |
% |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| BAC North America Holding Company |
% |
% |
% |
| Bank of America, National Association |
% |
% |
% |
| - |
% |
% |
% |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| BofA Securities, Inc. |
% |
% |
% |
| - |
% |
% |
% |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| BAC North America Holding Company |
% |
% |
% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated |
% |
% |
% |
| - |
% |
% |
% |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| BAC North America Holding Company |
% |
% |
% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated |
% |
% |
% |
| Managed Account Advisors LLC |
% |
% |
% |
| - |
% |
% |
% |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| BAC North America Holding Company |
% |
% |
% |
| Bank of America, National Association |
% |
% |
% |
| U.S. Trust Company of Delaware |
% |
% |
% |
| - |
% |
% |
% |
| Bank of America Corporation |
% |
% |
% |
| NB Holdings Corporation |
% |
% |
% |
| Merrill Lynch International, LLC |
% |
% |
% |
| Merrill Lynch B.V. |
% |
% |
% |
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:
| Ad 7.b The put and call options amounting to a percentage of 2,26% each were not aggregated as they relate to a collar transaction and a back-to-back collar transaction, respectively, under which, on a consolidated basis, Bank of America Corporation can acquire 2,26% of the voting rights in Mercedes-Benz Group AG (or receive an equivalent amount in cash) only once. |
Date
20.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com