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Umicore: Norges Bank raises stake to 3.1 percent

(CercleFinance.com) - Norway's central bank, Norges Bank, has raised its stake in Belgium's Umicore to 3.
11%, the maker of electric vehicle batteries said on Friday.

Umicore said Norges Bank's stake had risen above the 3% threshold which obliges shareholders to disclose their holdings.

The central bank informed Umicore that it now owns 7,663,845 voting rights, the company said in a statement.

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