Bank of America Corporation has increased its stake in Ascential PLC, crossing a legal entity level threshold on March 22, 2024. The notification reveals that Bank of America Corporation now holds 6.371282% of voting rights in Ascential PLC, up from the previous 6.419394%. This increase is attributed to both direct voting rights and financial instruments. The financial instruments include various swaps with expiration dates ranging from April 2024 to February 2028, collectively representing 3.575241% of voting rights.
The ultimate controlling person in this scenario is Bank of America Corporation, with several controlled undertakings such as Merrill Lynch International, Bank of America, National Association, and BofA Securities Europe SA. These undertakings collectively hold 5.464958% of voting rights in Ascential PLC.
This notification, dated March 25, 2024, signifies Bank of America Corporation's increased stake in Ascential PLC, providing insight into the changes in voting rights and financial instruments held by the entity.