Commonwealth Bank of Australia has made a public opening position disclosure regarding its interests in Anglo American plc's relevant securities. As of 9th May 2024, Commonwealth Bank of Australia holds 617,900 USD 0.54945 ordinary shares, representing 0.046% of the total. The bank also disclosed a decrease in borrowed securities, with 63,816 securities at a price of GBP 26.8 per unit. The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in accordance with Rule 8.3 of the Takeover Code and is a requirement for any person with interests in relevant securities representing 1% or more. The purpose of the disclosure is to provide transparency and information to the market regarding the holdings and dealings of significant shareholders in the company. This information is crucial for investors and regulators to understand the ownership and control of relevant securities in Anglo American plc.
The disclosure also includes details of any rights to subscribe for new securities and any dealings made by Commonwealth Bank of Australia. It is important to note that the disclosure only includes information directly related to Commonwealth Bank of Australia's interests and dealings with Anglo American plc and does not cover any other party to the offer.
Overall, the public opening position disclosure by Commonwealth Bank of Australia provides valuable insight into the ownership and control of relevant securities in Anglo American plc, contributing to transparency and market understanding.