SCHEDULE: Norges Bank Discloses 2.4% Stake in Celanese Corp

Norges Bank, Norway's central bank, has disclosed a 2.4% beneficial ownership stake in Celanese Corp, holding over 2.5 million common shares.

Summary

• Norges Bank, a non-U.S. institution and investment adviser, reported beneficial ownership of 2,584,631 shares of Celanese Corp common stock.
• This ownership represents 2.4% of the class of securities.
• Norges Bank holds sole voting power over 2,077,243 shares and shared voting power over 0 shares.
• Norges Bank holds sole dispositive power over 2,077,243 shares and shared dispositive power over 507,388 shares.
• The shares are invested on behalf of the Government of Norway.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Management Comments

• Norges Bank certifies that the securities were acquired and are held in the ordinary course of business.
• Norges Bank certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Celanese Corp.

Stakeholder Impact

• Shareholders may view the disclosure of a significant stake by a large, reputable institutional investor like Norges Bank as a positive signal of confidence in Celanese Corp.

Key Dates

Keywords

Celanese Corp, Norges Bank, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Equity Stake