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BBVA Reports 4.7% Stake in Polestar Class A ADS

Banco Bilbao Vizcaya Argentaria logoBanco Bilbao Vizcaya Argentaria
Sig1.70Sen-1.20Env0.00Soc0.00Gov+0.20
Polestar logoPolestar
Sig1.35Sen-0.25Env0.00Soc0.00Gov+0.30

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).

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