Correction of a release from 30.05.2018, 15:07 CET/CEST - Covestro AG: Publication of acquisition or disposal in respect of own shares according Sec. 40 para. 1 sent. 2 WpHG
June 04, 2018 at 04:50 am
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DGAP Voting Rights Announcement: Covestro AG
Correction of a release from 30.05.2018, 15:07 CET/CEST - Covestro AG: Publication of acquisition or disposal in respect of own shares according Sec. 40 para. 1 sent. 2 WpHG
04.06.2018 / 10:49
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.
Publication of acquisition or disposal in respect of own shares
1. Details of issuer
Covestro AG
Kaiser-Wilhelm-Allee 60
51373 Leverkusen
Germany
2. Names of subsidiary undertakings or third persons
holding directly 3% or more shares, if different from 1.
3. Date on which threshold was crossed or reached
29 May 2018
4. Share-position
Share-position in %
total amount of shares issued
Resulting situation
3.06 %
202,500,000
Previous publication
0 %
/
5. Details
absolute
in %
direct
indirect (via subsidiary or third person, Sec. 71d para. 1 AktG)
direct
indirect (via subsidiary or third person, Sec. 71d para. 1 AktG)
6,197,079
0
3.06 %
0 %
04.06.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Covestro AG is one of the world's leading manufacturers of polymer materials. Its products are primarily used in the automotive, construction, electronics, furniture and textile industries. Net sales break down by family of products as follows:
- specialty products (50.5%): raw materials for coatings, adhesives and films;
- performance materials (47.8%): polyurethanes (flexible polyurethane foam mainly used in furniture, mattress and car seat upholstery, and rigid polyurethane foam used in the composition of building and refrigeration equipment insulation) and polycarbonates (high-performance polycarbonates used in automotive components, roof structures and medical devices);
- other (16.3%).
At the end of 2023, the group operated 48 production sites around the world.
Net sales are distributed geographically as follows: Germany (12.1%), the United States (21.8%), China (21.4%) and other (44.7%).