PVR: Daimler Truck Holding AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
January 09, 2023 at 08:34 am EST
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EQS Voting Rights Announcement: Daimler Truck Holding AG
Daimler Truck Holding AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
09.01.2023 / 14:33 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Notification of Major Holdings
1. Details of issuer
Name:
Daimler Truck Holding AG
Street:
Fasanenweg 10
Postal code:
70771
City:
Leinfelden-Echterdingen Germany
Legal Entity Identifier (LEI):
529900PW78JIYOUBSR24
2. Reason for notification
Acquisition/disposal of shares with voting rights
X
Acquisition/disposal of instruments
Change of breakdown of voting rights
Other reason:
3. Details of person subject to the notification obligation
Legal entity: Bank of America Corporation City of registered office, country: Wilmington, DE, United States of America (USA)
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
03 Jan 2023
6. Total positions
% of voting rights attached to shares (total of 7.a.)
% of voting rights through instruments (total of 7.b.1 + 7.b.2)
Total of both in % (7.a. + 7.b.)
Total number of voting rights pursuant to Sec. 41 WpHG
New
1.28 %
4.99 %
6.28 %
822951882
Previous notification
1.25 %
5.06 %
6.31 %
/
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN
Absolute
In %
Direct (Sec. 33 WpHG)
Indirect (Sec. 34 WpHG)
Direct (Sec. 33 WpHG)
Indirect (Sec. 34 WpHG)
DE000DTR0CK8
0
10384747
0.00 %
1.26 %
US23384L1017
0
172866
0.00 %
0.02 %
Total
10557613
1.28 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument
Expiration or maturity date
Exercise or conversion period
Voting rights absolute
Voting rights in %
Call Option
15/12/2023-21/06/2024
N/A
1157250
0.14 %
Right to Recall
N/A
N/A
138578
0.02 %
Rights of Use
N/A
N/A
207740
0.03 %
Call Option
24/04/2023 - 27 /02/2025
N/A
28811818
3.50 %
Call Option
24/04/2023 - 27 /02/2025
N/A
28811818
3.50 %
Total
30315386
3.68 %
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument
Expiration or maturity date
Exercise or conversion period
Cash or physical settlement
Voting rights absolute
Voting rights in %
Call Option
24/04/2023 - 27/10/2023
N/A
Cash
1921044
0.23 %
Put Option
15/12/2023-20/12/2024
N/A
Physical
2508750
0.30 %
OTC Put Option
15/11/2024
N/A
Cash
702
0 %
Swaps
04/01/2023 - 03/10/2025
N/A
Cash
6336264
0.77 %
OTC Call Option
20/01/2023 - 27/01/2025
N/A
Cash
1136
0 %
Put Option
24/04/2023 - 27/02/2025
N/A
Physical
28811818
3.50 %
Put Option
24/04/2023 - 27/02/2025
N/A
Physical
28811818
3.50 %
Total
10767896
1.31 %
8. Information in relation to the person subject to the notification obligation
Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X
Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:
Name
% of voting rights (if at least 3% or more)
% of voting rights through instruments (if at least 5% or more)
Total of both (if at least 5% or more)
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BofAML Jersey Holdings Limited
%
%
%
BofAML EMEA Holdings 2 Limited
%
%
%
ML UK Capital Holdings Limited
%
%
%
Merrill Lynch International
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BAC North America Holding Company
%
%
%
Bank of America, National Association
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BofA Securities, Inc
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BAC North America Holding Company
%
%
%
Merrill Lynch, Pierce, Fenner & Smith Incorporated
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BAC North America Holding Company
%
%
%
Merrill Lynch, Pierce, Fenner & Smith Incorporated
%
%
%
Managed Account Advisors LLC
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BAC North America Holding Company
%
%
%
Bank of America, National Association
%
%
%
U.S. Trust Company of Delaware
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
BofA Securities, Inc
%
%
%
Merrill Lynch Professional Clearing Corp.
%
%
%
-
%
%
%
Bank of America Corporation
%
%
%
NB Holdings Corporation
%
%
%
Merrill Lynch International, LLC
%
%
%
ML Cayman Holdings Inc.
%
%
%
Merrill Lynch International & Co. C.V.
%
%
%
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:
Proportion of voting rights
Proportion of instruments
Total of both
%
%
%
10. Other explanatory remarks:
Ad 7.b The put and call options amounting to a percentage of 3,50% each were not aggregated as they relate to a collar transaction and a back-to-back collar transaction, respectively, under which, on a consolidated basis, Bank of America Corporation can acquire 3,50% of the voting rights in Daimler Truck Holding AG (or receive an equivalent amount in cash) only once.
Date
06 Jan 2023
09.01.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Daimler Truck Holding AG is specialized in designing, manufacturing and marketing trucks and buses. The business activity is structured around 4 areas:
- medium and heavy truck sales: Mercedes-Benz, Fuso, Freightliner, Western Star and BharatBenz brands;
- bus and coach sales: Thomas Built, Fuso, BharatBenz, Mercedes-Benz and Setra brands;
- bus chassis sales: Thomas Built and Mercedes-Benz brands.
- financial services: financing, leasing, insurance brokerage, etc.
In addition, the group owns 50% of BFDA, a company specialized in manufacturing trucks under the Auman brand.
Net sales are distributed geographically as follows: Germany (12.2%), Europe (20.7%), the United States (35.9%), North America (8.2%), Japan (6.1%), Asia (6.7%), Latin America (6.3%) and other (3.9%).