# BNP Paribas Crosses 3% Threshold in Aurubis With 5.33% Voting Rights Stake

> BNP Paribas notified Germany's regulator of a 5.33% Aurubis holding, including 2.93% in shares and 2.40% through instruments.

- Published: 2026-10-30T09:45:49+00:00
- Section: Regulation & Approvals
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-30/aurubis-bnp-paribas-voting-rights-stake
- Source: [TradingView](https://www.tradingview.com/news/eqs:b5a0797e1094b:0-aurubis-ag-release-according-to-article-40-section-1-of-the-wphg-the-german-securities-trading-act-with-the-objective-of-europe-wide-distribution/)

## Key takeaways

- BNP Paribas reported 5.33% of Aurubis voting rights, with 2.93% held in shares and 2.40% through instruments.
- The threshold was crossed on October 26, 2026, and the notification was published on October 30, 2026.
- Aurubis has 44,956,723 voting rights under Section 41 of the WpHG, and BNP Paribas held 0% in its previous notification.

BNP Paribas notified the German securities regulator that it holds 5.33% of [Aurubis](https://akta.pro/company-profiles/0007cwe/aurubis) AG voting rights, crossing the 3% threshold on October 26, 2026. The French entity reported 2.93% in shares and 2.40% through instruments, according to a filing published by [TradingView](https://www.tradingview.com/news/eqs:b5a0797e1094b:0-aurubis-ag-release-according-to-article-40-section-1-of-the-wphg-the-german-securities-trading-act-with-the-objective-of-europe-wide-distribution/) on October 30, 2026.

## How BNP Paribas Built Its Aurubis Position

The notification lists 1,315,505 voting rights attached to shares, all held indirectly under Section 34 of the WpHG, against 44,956,723 total voting rights under Section 41. BNP Paribas's previous notification showed 0% in shares, 0% in instruments and 0.00% in total.

Instruments account for 2.40% of the total. Convertible bonds maturing October 22, 2032 carry 540,720 voting rights, or 1.20%. Cash-settled swaps on spot positions make up the rest, including 122,853 voting rights (0.27%) maturing June 11, 2031 and 75,808 (0.17%) maturing October 16, 2028.

The filing gives the reason for notification as the non-application of the trading book exemption under Section 36, paragraph 1 of the WpHG. The full chain of controlled undertakings lists BNP Paribas Financial Markets with 5.33% of both categories combined. [BNP Paribas](https://akta.pro/company-profiles/00000ah/bnp-paribas) is based in Paris.

## Aurubis at a Glance

Aurubis is Europe's largest integrated copper producer and the world's largest copper recycler, according to akta.pro [company records](https://akta.pro/company-data). The Hamburg-based company, founded in 1866, operates primary smelting and secondary recycling facilities across Europe and North America and supplies copper products and multimetals to industrial customers in energy, automotive and infrastructure markets. The same records describe it as self-reporting more than 32 million tons of copper produced since its founding, with a headcount range of 5,001 to 10,000.

## Earlier Aurubis Disclosures This Month

On October 12, 2026, Rossmann Beteiligungs GmbH filed a voting-rights disclosure for Aurubis, crossing the 3% threshold on October 8, 2026, with 16.39% of voting rights, 5.19% in instruments and 21.59% in total, FinanzNachrichten.de reported. On October 14, 2026, Aurubis raised its 2027 European copper premium to a record $347 per metric ton, up about 10% from $315 per ton for 2026, The future of trading reported. On October 9, 2026, the European Commission selected Aurubis' copper processing expansion at its Pirdop plant in Bulgaria as a strategic project under the Critical Raw Materials Act, SeeNews reported.

## What Comes Next for the Aurubis Holding

The convertible bonds tied to the position mature on October 22, 2032, and the swaps carry maturities ranging from February 2027 to June 2031, as set out in the notification.

## Companies in this story

- [Aurubis company profile](https://akta.pro/company-profiles/0007cwe/aurubis) · website: https://www.aurubis.com/en
- [BNP Paribas company profile](https://akta.pro/company-profiles/00000ah/bnp-paribas) · website: https://group.bnpparibas

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