UBS Group has disclosed that it now holds 5.22% of Ubisoft Entertainment's share capital and 4.78% of the voting rights, surpassing the 5% threshold.
The increase in UBS's stake in Ubisoft was a result of acquiring shares off-market and through assimilation. UBS AG, which is controlled by UBS Group, facilitated this transaction, signifying a significant development in the gaming industry.
UBS Group made this announcement to the Autorité des marchés financiers (AMF) on November 15, 2024.