Core Points - Bank of America Corporation's subsidiary Merril Lynch International has crossed the legal threshold of 3% for direct voting rights and equivalent financial instruments in Umicore as of 26 November 2025, with a total holding of 3.90% [2][8] - The notification regarding this change was made on 28 November 2025, indicating an increase in direct voting rights by 0.05% and equivalent financial instruments by 2.99%, resulting in a total of 3.04% after the transaction [3][8] Company Overview - Umicore is a global advanced materials and recycling group, focusing on transforming precious and critical metals into functional technologies for everyday applications [6] - The company operates four business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, addressing resource scarcity and the demand for functional materials in clean technologies and mobility [7] - Umicore's revenues primarily come from clean mobility and recycling, with a commitment to sustainable value creation through the development, production, and recycling of materials [9] - In the first half of 2025, Umicore reported group revenues (excluding metal) of €1.8 billion, with a turnover of €8.7 billion [10]
Umicore - Transparency notification by Bank of America Corporation