Bank of America voting rights at 3.05%, incl. voting rights through instruments at 15.52%

Daimler AG
15.05.2020 / 07:52
Dissemination of a Voting Rights Announcement transmitted by DGAP - 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 AG
Street: Mercedesstrasse 120
Postal code: 70372
City: Stuttgart
Germany
Legal Entity Identifier (LEI): 529900R27DL06UVNT076

2. Reason for notification
X Acquisition/disposal of shares with voting rights
  Acquisition/disposal of instruments
  Change of breakdown of voting rights
X Other reason:
voluntary group notification with triggered threshold on subsidiary level non-applying of trading book exemption according to sec. 36 para. 1 WpHG

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:
12 May 2020

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 3.05 % 12.47 % 15.52 % 1069837447
Previous notification 3.77 % 14.48 % 18.24 % /

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)
DE0007100000 0 32500421 0.00 % 3.04 %
US2338252073 0 96682 0.00 % 0.01 %
Total 32597103 3.05 %

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 %
Rights to Recall N/A N/A 3575719 0.33 %
Rights of Use N/A N/A 22050 0 %
Call Options 15/05/2020 - 15/12/2023 N/A 11261400 1.05 %
Call Options 23/11/2020 - 02/05/2023 N/A 90980472 8.50 %
Call Options 23/11/2020 - 02/05/2023 N/A 90980472 8.50 %
    Total 105839641 9.89 %

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 %
Put Options 19/06/2020 - 20/12/2024 N/A Physical 9118500 0.85 %
Put Options 18/12/2020 - 05/03/2021 N/A Cash 4981688 0.47 %
Call Options 18/12/2020 - 05/03/2021 N/A Cash 33606 0 %
Swaps 25/05/2020 - 15/02/2023 N/A Cash 9384870 0.88 %
Call Options 23/11/2020 - 02/05/2023 N/A Cash 4102739 0.38 %
Put Options 23/11/2020 - 02/05/2023 N/A Physical 90980472 8.50 %
Put Options 23/11/2020 - 02/05/2023 N/A Physical 90980472 8.50 %
      Total 27621403 2.58 %

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 % % 6.73 %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
Merrill Lynch International, LLC. % % %
Merrill Lynch Group Holdings I, L.L.C. % % %
BofA Securities Europe SA % % %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BofA Securities, Inc % % %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BofA Securities, Inc % % %
Merrill Lynch Professional Clearing Corp. % % %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BAC North America Holding Company % % %
Bank of America, National Association % 8.50 % 8.51 %
- % % %
Bank of America Corporation % % %
NB Holdings Corporation % % %
BAC North America Holding Company % % %
Bank of America, National Association % 8.50 % 8.51 %
U.S Trust Company of Delaware % % %
- % % %
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 % % %

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/8 The put and call options amounting to a percentage of 8.50% 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 8.50% of the voting rights in Daimler AG (or receive an equivalent amount in cash) only once. 

Date
14 May 2020



15.05.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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