Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Covestro AG    1COV   DE0006062144

COVESTRO AG

(1COV)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

11/20/2020 | 05:39am EST

DGAP Voting Rights Announcement: Covestro AG
Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

20.11.2020 / 11:37
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: Covestro AG
Street: Kaiser-Wilhelm-Allee 60
Postal code: 51373
City: Leverkusen
Germany
Legal Entity Identifier (LEI): 3912005AWHKLQ1CPLV11

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: T. Rowe Price Group, Inc.
City of registered office, country: Baltimore, Maryland, 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:
16 Nov 2020

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 3.06 % 0.00 % 3.06 % 193200000
Previous notification n/a % n/a % n/a % /

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)
DE0006062144 0 5908162 0.00 % 3.06 %
Total 5908162 3.06 %

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 %
0 0.00 %
    Total 0 0.00 %

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 %
0 0.00 %
      Total 0 0.00 %

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)
T. Rowe Price Group, Inc. % % %
T. Rowe Price Associates, Inc. % % %
T. Rowe Price International Ltd % % %

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:
 

Date
19 Nov 2020



20.11.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Covestro AG
Kaiser-Wilhelm-Allee 60
51373 Leverkusen
Germany
Internet: www.covestro.com

 
End of News DGAP News Service

1149526  20.11.2020 

fncls.ssp?fn=show_t_gif&application_id=1149526&application_name=news&site_id=zonebourse_sftp

© EQS 2020
All news about COVESTRO AG
08:21aCOVESTRO : Goldman Sachs gives a Buy rating
MD
07:58aDGAP-PVR : Covestro AG: Release according to Article 40, Section 1 of the WpHG [..
DJ
07:58aCOVESTRO AG : Release according to Article 40, Section 1 of the WpHG [the German..
EQ
01/22COVESTRO AG : Release according to Article 40, Section 1 of the WpHG [the German..
EQ
01/20DGAP-PVR : Covestro AG: Release according to Article 40, Section 1 of the WpHG [..
DJ
01/19COVESTRO : strengthens portfolio of alternative raw materials
PU
01/14COVESTRO : receives ISCC Plus certification for its Antwerp and Uerdingen sites
PU
01/12COVESTRO : Berenberg sticks Neutral
MD
01/12COVESTRO : Barclays maintains a Buy rating
MD
01/11DGAP-PVR : Covestro AG: Release according to -6-
DJ
More news
Financials
Sales 2020 10 709 M 12 996 M 12 996 M
Net income 2020 396 M 481 M 481 M
Net Debt 2020 577 M 701 M 701 M
P/E ratio 2020 25,5x
Yield 2020 2,38%
Capitalization 10 688 M 12 962 M 12 971 M
EV / Sales 2020 1,05x
EV / Sales 2021 0,99x
Nbr of Employees 16 626
Free-Float 92,8%
Chart COVESTRO AG
Duration : Period :
Covestro AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COVESTRO AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 58,36 €
Last Close Price 55,76 €
Spread / Highest target 27,3%
Spread / Average Target 4,67%
Spread / Lowest Target -24,7%
EPS Revisions
Managers and Directors
NameTitle
Markus Steilemann Chief Executive Officer
Richard Pott Chairman-Supervisory Board
Thomas Toepfer Chief Financial Officer & Labor Director
Klaus Schäfer Chief Technology Officer
Petra Kronen Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
COVESTRO AG10.46%13 104
LG CHEM, LTD.20.15%64 614
DOW INC.3.60%42 651
FORMOSA PLASTICS CORPORATION-4.15%20 612
FORMOSA CHEMICALS & FIBRE CORPORATION-3.07%16 869
HANGZHOU FIRST APPLIED MATERIAL CO., LTD.27.44%12 525