Institutional Stakes Slip Under 3%: Silchester at 2.99% and Bank of America at 2.98%

UMICYUMICY

On 8 January 2026, Silchester International Investors LLP notified Umicore that its direct voting rights holding fell below the 3% legal threshold to 2.99%. Bank of America Corporation reported its total stake dropped from 3.04% on 7 January to 2.98% on 8 January 2026, crossing the 3% threshold downwards.

1. Silchester Reduces Voting Stake Below 3%

On 8 January 2026, Silchester International Investors LLP crossed the 3% direct voting rights threshold downward, reducing its combined holding of direct voting rights and equivalent financial instruments in Umicore to 2.99% of the 246.4 million-share denominator. The company received formal notification on 12 January 2026, attributing the reduction to a disposal of voting rights. This minor shift signals a slight tempering of Silchester’s governance influence but leaves it among the top five registered shareholders in Umicore, and could presage further portfolio rebalancing in the metals recycling and advanced materials sector.

2. Bank of America Lowers Holdings to 2.98%

Bank of America Corporation notified Umicore on 12 January 2026 that it had reduced its total direct voting rights and equivalent financial instruments to 2.98% as of 8 January 2026, down from 3.04% reported on 7 January. The initial notification on 9 January 2026 recorded 0.07% direct rights and 2.98% instruments, while the subsequent filing on 12 January reflected 0.03% direct rights and 2.95% instruments. Both moves, tied to the acquisition or disposal of voting securities, underscore a measured retreat from the 3% disclosure threshold and suggest portfolio adjustments by a major U.S. banking institution within the clean-mobility and recycling materials space.

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