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 19, 2024 at 04:42 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
19.03.2024 / 21:40 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: JPMorgan Chase & Co. City of registered office, country: Wilmington, Delaware, 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:
15 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
0.82 %
1.92 %
2.74 %
179100000
Previous notification
4.06 %
1.02 %
5.08 %
/
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
1469573
0.00 %
0.82 %
Total
1469573
0.82 %
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 %
Internal right to recall shares lent out
n/a
n/a
20996
0.01 %
Total
20996
0.01 %
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 %
Equity Swap
10/04/2024 -26/09/2028
10/04/2024 -26/09/2028
Cash
3256359
1.82 %
Cash-settled Call Options
21/06/2024 - 02/01/2099
Anytime
Cash
166768
0.09 %
Total
3423127
1.91 %
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)
JPMorgan Chase & Co.
%
%
%
JPMorgan Chase Bank, National Association
%
%
%
J.P. Morgan International Finance Limited
%
%
%
J.P. Morgan Capital Holdings Limited
%
%
%
J.P. Morgan Securities plc
%
%
%
-
%
%
%
JPMorgan Chase & Co.
%
%
%
JPMorgan Chase Holdings LLC
%
%
%
J.P. Morgan Broker-Dealer Holdings Inc.
%
%
%
J.P. Morgan Securities LLC
%
%
%
-
%
%
%
JPMorgan Chase & Co.
%
%
%
JPMorgan Chase Bank, National Association
%
%
%
J.P. Morgan International Finance Limited
%
%
%
J.P. Morgan Structured Products B.V.
%
%
%
-
%
%
%
JPMorgan Chase & Co.
%
%
%
JPMorgan Chase Holdings LLC
%
%
%
J.P. Morgan Financial Investments Limited
%
%
%
J.P. Morgan Markets Limited
%
%
%
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 March 2024
19.03.2024 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