UBS Group increases stake in Ubisoft Entertainment to 5.22 percent

UBS Group has increased its stake in Ubisoft Entertainment to 5.22% of the company's share capital, surpassing the 5% threshold. This was achieved through an off-market acquisition of shares and an increase in shares held by assimilation.

UBS Group also holds 4.78% of the voting rights in Ubisoft. The move reflects UBS's growing interest in the gaming company, which is listed on Euronext Paris, where its shares are currently trading at €12.49, down 3.52%.

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