UBS Group AG falls below 5 percent stake in Ubisoft Entertainment

UBS Group AG has recently decreased its stake in Ubisoft Entertainment, dropping below the 5% capital threshold on November 14, 2024.

The Swiss financial institution now holds a minimal percentage of the company's capital and voting rights, with 92,697 shares of Ubisoft, representing approximately 0.07% of the capital and 0.06% of the voting rights.

This change in ownership was due to an off-market sale of shares and a reduction in the number of shares held by assimilation, in accordance with the trading exemption.

The Autorité des marchés financiers (AMF) received the official declaration regarding this threshold crossing on November 20, 2024.

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