Bank of America Corporation has increased its stake in Close Brothers Group PLC, crossing the threshold of 3% of voting rights. The acquisition or disposal of financial instruments has resulted in a total of 6.856301% of voting rights held in the issuer, representing a significant increase from the previous position. The details of the shareholder, including Merrill Lynch International, and the breakdown of voting rights through shares and financial instruments have been disclosed in the notification.
The notification outlines the specific financial instruments held by Bank of America Corporation, including the expiration dates, exercise/conversion periods, and the number of voting rights associated with each instrument. The information also includes the full chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities.
The completion date of the notification was 18th March 2024. This notification provides transparency regarding the changes in major holdings within Close Brothers Group PLC and the details of the entities involved in the acquisition or disposal of voting rights and financial instruments.