Bank of America Corporation has notified Close Brothers Group PLC of an acquisition of voting rights and financial instruments, crossing a threshold on March 25, 2024. The resulting situation on that date shows a total of 1.795652% of voting rights through financial instruments and 0.000199% of voting rights attached to shares, totaling 1.795652%. This is a decrease from the previous notification, where the total was 6.856301%.
The details of the resulting situation on the date the threshold was crossed or reached indicate that Bank of America Corporation holds 300 direct voting rights, which account for 0.000199%, and 1.795453% of voting rights through financial instruments, specifically swaps with an expiration date of October 23, 2024, and cash settlement.
The notification also includes information about the controlled undertakings through which the voting rights and/or financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities, in this case, Bank of America Corporation and its subsidiary, Bank Of America, National Association, and Managed Account Advisors, LLC.
The completion date of the notification was March 26, 2024.