UBS Group Cuts Stake in Ascential PLC
Ascential (GB:ASCL) has released an update.
UBS Group AG has reduced its holdings in Ascential PLC, leading to its voting rights falling below the 5% threshold, which exempts the group from further reporting requirements. This change in shareholding was officially crossed on May 22, 2024, and Ascential was notified two days later. The move marks a notable adjustment in UBS’s investment in the UK-based company.
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