BBVA Reports 4.7% Stake in Polestar Class A ADS
Banco Bilbao Vizcaya Argentaria reports beneficial ownership of 4.7% of Polestar’s Class A American Depositary Shares, describing the filing as an exit report because BBVA no longer beneficially owns more than five percent of the class. The filing details holdings tied to a put option arrangement with Geely Sweden and the ADS structure (1 ADS equals 30 Class A ordinary shares plus additional shares).