Bank of America Corporation has notified Harbour Energy PLC of an increase in its voting rights holdings. As of January 23, 2024, Bank of America Corporation holds 2.697949% of voting rights attached to shares and 6.316980% of voting rights through financial instruments, totaling 9.014929% of voting rights with a total of 69,448,382 voting rights held in the issuer.
The details of the resulting situation on the date the threshold was crossed or reached indicate that Bank of America Corporation holds 20,784,209 direct voting rights, accounting for 2.697949% of the total. Additionally, through financial instruments, they hold 195,295 voting rights that may be acquired if the instrument is exercised/converted, representing 0.025351%, and 48,468,878 voting rights with similar economic effect, amounting to 6.291629%.
The notification also includes the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities. Bank of America Corporation's controlled undertakings include BofA Securities, Inc, BofA Securities Europe, SA, and Merrill Lynch International, among others.
This notification, submitted on January 24, 2024, provides insight into Bank of America Corporation's increased holdings of voting rights in Harbour Energy PLC, shedding light on the changes in the company's ownership structure.