K+S Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
March 18, 2024 at 01:01 pm EDT
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EQS Voting Rights Announcement: K+S Aktiengesellschaft
K+S Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
18.03.2024 / 18:00 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - 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:
K+S Aktiengesellschaft
Street:
Bertha-von-Suttner-Str. 7
Postal code:
34131
City:
Kassel Germany
Legal Entity Identifier (LEI):
529900YURAYD4IJX2J91
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.
5. Date on which threshold was crossed or reached:
13 March 2024
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
1.58 %
3.50 %
5.08 %
179100000
Previous notification
1.39 %
3.51 %
4.90 %
/
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)
DE000KSAG888
0
2838418
0.00 %
1.58 %
US48265W1080
0
212
0.00 %
0 %
Total
2838630
1.58 %
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 %
Right to Recall
n/a
n/a
1060300
0.59 %
Rights of Use
n/a
n/a
124988
0.07 %
Call Option
20/12/2024
n/a
50000
0.03 %
Total
1235288
0.69 %
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
25/04/2024 - 15/02/2028
n/a
Cash
4733091
2.64 %
Put Option
21/06/2024
n/a
Physical
300000
0.17 %
Total
5033091
2.81 %
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
%
%
%
BAC North America Holding Company
%
%
%
Merrill Lynch, Pierce, Fenner & Smith Incorporated
%
%
%
-
%
%
%
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:
Date
15 March 2024
18.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
K+S Aktiengesellschaft is a Germany-based salt producer and potash provider. The Company operates through three segments: Salt, Potash and Magnesium, and Complementary Activities. The Salt segment encompasses the production and marketing of food-grade salt, industrial salt and salt for chemical use, de-icing salt, and sodium chloride brine. The Potash and Magnesium segment combines the production and marketing of potash fertilizers and fertilizer specialties, as well as potash and magnesium compounds for technical, industrial, and pharmaceutical applications. The Complementary Activities segment bundles together recycling activities, waste disposal, and reutilization in potash and rock salt mines and CATSAN and THOMAS granulation, as well as logistics services through K+S Transport GmbH and trading in different basic chemicals through Chemische Fabrik Kalk GmbH.
K+S Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
K+S AG 
