Daimler AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
November 07, 2019 at 05:10 am EST
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DGAP Voting Rights Announcement: Daimler AG
Daimler AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
07.11.2019 / 11:05
Dissemination of a Voting Rights Announcement transmitted by DGAP - 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:
Daimler AG
Street:
Mercedesstrasse 120
Postal code:
70372
City:
Stuttgart Germany
Legal Entity Identifier (LEI):
529900R27DL06UVNT076
2. Reason for notification
X
Acquisition/disposal of shares with voting rights
Acquisition/disposal of instruments
Change of breakdown of voting rights
Other reason:
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.
Merrill Lynch International
5. Date on which threshold was crossed or reached:
31 Oct 2019
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
6.21 %
13.78 %
19.99 %
1069837447
Previous notification
6.33 %
13.69 %
20.02 %
/
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)
DE0007100000
0
66335385
0.00 %
6.20 %
US2338252073
0
54855
0.00 %
0.01 %
Total
66390240
6.21 %
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 %
Rights to Recall
N/A
N/A
2396694
0.22 %
Rights of Use
N/A
N/A
14379
0 %
Call Options
23/11/2020 - 02/05/2023
N/A
103619340
9.69 %
Call Options
23/11/2020 - 02/05/2023
N/A
103619340
9.69 %
Call Options
20/12/2019 - 16/12/2022
N/A
10054000
0.94 %
Total
116084413
10.85 %
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
07/11/2019 - 15/02/2023
N/A
Cash
10525015
0.98 %
Single Stock Future
20/12/2019
N/A
Cash
365000
0.03 %
Call Options
23/11/2020 - 02/05/2023
N/A
Cash
8816382
0.82 %
Put Options
15/11/2019 - 17-12/2021
N/A
Physical
6818500
0.64 %
Put Options
18/12/2020 - 05/03/2021
N/A
Cash
3873028
0.36 %
Call Options
18/12/2020 - 05/03/2021
N/A
Cash
964879
0.09 %
Put Options
23/11/2020 - 02/05/2023
N/A
Physical
103619340
9.69 %
Put Options
23/11/2020 - 02/05/2023
N/A
Physical
103619340
9.69 %
Total
31362804
2.93 %
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
%
%
%
ML UK Capital Holdings Limited
%
%
%
Merrill Lynch International
6.17 %
%
9.95 %
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
Merrill Lynch International, LLC.
%
%
%
Merrill Lynch Group Holdings I,L.L.C.
%
%
%
BofA Securities Europe SA
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BAC North America Holding Company
%
%
%
BANA Holding Corporation
%
%
%
Bank of America, National Association
%
9.69 %
9.69 %
-
%
%
%
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
%
%
%
BofA Securities, Inc.
%
%
%
Merrill Lynch Professional Clearing Corp
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BAC North America Holding Company
%
%
%
BANA Holding Corporation
%
%
%
Bank of America, National Association
%
9.69 %
9.69 %
U.S Trust Company of Delaware
%
%
%
-
%
%
%
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
%
%
%
BofA Securities, Inc
%
%
%
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/8 The put and call options amounting to a percentage of 9.69% 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 9.69% of the voting rights in Daimler AG (or receive an equivalent amount in cash) only once.
Date
06 Nov 2019
07.11.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Mercedes-Benz Group AG is one of the world leading automobile manufacturers. Net sales break down by activity as follows:
- sale of individual vehicles and light duty vehicles (82.5%): 2.5 million vehicles sold in 2022 (Mercedes-Benz, Smart and Maybach brands);
- financial services (17.5%): financing, insurance services, etc.
Net sales are distributed geographically as follows: Germany (15.4%), Europe (22.3%), the United States (23.9%), North America (2.8%), China (18.2%), Asia (12.2%) and other (5.2%).