Exploring Major Shareholder Updates for RENEWI PLC's Holdings

Notification of Major Shareholder Holdings
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BNR4T868
Issuer Name
RENEWI PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of financial instruments.
3. Details of Person Subject to the Notification Obligation
Name
Bank of America Corporation
Country of Registered Office (if applicable)
US
4. Shareholder Details
Full Name of Shareholder(s) if different from the person(s) subject to the notification obligation, above.
5. Date on Which the Threshold Was Crossed or Reached
Details provided indicate critical financial updates.
6. Date on Which Issuer Notified
The issuer was promptly notified of any significant changes.
7. Total Positions of Person(s) Subject to the Notification Obligation
In the resulting situation, here are the major updates regarding voting rights and holdings:
Resulting Situation
% of Voting Rights Attached to Shares: 0.357900
% of Voting Rights Through Financial Instruments: 10.088298
Total of Both: 10.446198
Total Number of Voting Rights Held in Issuer: 8415401
Position of Previous Notification (if applicable)
The previous reporting has recorded substantial changes to shareholding rights.
Previously reported Voting Rights: 0.000000
8. Notified Details of the Resulting Situation on the Date on Which the Threshold Was Crossed or Reached
8A. Voting Rights Attached to Shares
Class/Type of Shares ISIN Code
GB00BNR4T868
Number of Direct Voting Rights (DTR5.1)
Number of Indirect Voting Rights (DTR5.2.1)
288322
% of Direct Voting Rights (DTR5.1)
0.357900
8B1. Financial Instruments According to (DTR5.3.1R.(1)(a))
Here we highlight the various financial instruments and their impact on shareholder voting rights:
Type of Financial Instrument: Rights to Recall
Number of Voting Rights That May Be Acquired if the Instrument is Exercised/Converted: 8415
% of Voting Rights: 0.010446
Sub Total 8.B1
Total Voting Rights: 2273115
% of Voting Rights: 2.821661%
9. Information Related to the Person Subject to the Notification Obligation
Bank of America Corporation is the ultimate controlling person overseeing the activities of its registered corporations including Bank of America, National Association and Merrill Lynch International related entities.
10. Additional Information
The chain of controlled undertakings reflecting the shareholder structure ensures compliance and proper reporting to the authorities.
11. Date of Completion
Completion of the notification process ensures proper oversight has been included in this submission, accurately recorded on the date following notifications.
Frequently Asked Questions
What is the significance of the TR-1 notification?
The TR-1 notification serves to inform about major holdings changes, which are crucial for market transparency.
Who is included in the major shareholder updates for RENEWI PLC?
The updates include entities like Bank of America Corporation that significantly alter their stakes in the company.
What voting rights are associated with the shares reported?
Voting rights can vary, with percentages reflecting direct and indirect rights influencing governance decisions in the company.
How often are shareholder holdings reported?
Shareholder holdings are routinely reported according to regulatory requirements, ensuring stakeholders are kept informed of changes.
What role does Bank of America play in these holdings?
Bank of America plays a significant role as a major shareholder, managing substantial voting rights that can impact RENEWI PLC's decisions.
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