UBS Group has disclosed that it has exceeded the 5% threshold in its stake in Ubisoft Entertainment. As of November 15, 2024, the financial institution, through its subsidiary UBSAG, holds 5.22% of the company's share capital and 4.78% of its voting rights.
This increase in ownership is a result of acquiring Ubisoft shares off the market, as well as an increase in the number of shares held by assimilation.
The announcement was made to the Autorité des marchés financiers (AMF), signifying a significant move in the gaming sector by a prominent global financial firm.