Bank of America Corporation has notified Close Brothers Group PLC of an increase in its voting rights. As of March 27, 2024, Bank of America Corporation holds 9.888043% of voting rights in Close Brothers Group PLC, up from the previous 7.863830%. This increase is attributed to both direct voting rights and financial instruments.
The direct voting rights amount to 2.550320%, while the financial instruments contribute 7.337723%. The financial instruments include various swaps with expiration dates ranging from April 18, 2024, to February 15, 2028, collectively amounting to 6.312201% of voting rights.
Bank of America Corporation's holdings are distributed across its controlled undertakings, including Bank Of America, National Association, Managed Account Advisors, LLC, Merrill Lynch International, and BofA Securities Europe SA. These entities collectively hold voting rights and financial instruments that contribute to Bank of America Corporation's overall holdings in Close Brothers Group PLC.
The notification was completed on March 28, 2024, by Bank of America Corporation. This notification provides insight into the changes in major holdings within Close Brothers Group PLC and the entities associated with the increased voting rights.