UBS Cuts Stake in Revolution Beauty Below Reporting Threshold
Company Announcements

UBS Cuts Stake in Revolution Beauty Below Reporting Threshold

Revolution Beauty Group plc (GB:REVB) has released an update.

UBS Group AG has reported that its trading book holdings in Revolution Beauty Group PLC have decreased below the 5% threshold, exempting it from further reporting obligations. The notification, dated August 30, 2024, indicates a significant change in UBS’s investment in the beauty company. Previously, UBS held a 6.208210% stake, which has now been fully divested.

For further insights into GB:REVB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskRevolution Beauty Group to Announce Half-Year Results
TipRanks UK Auto-Generated NewsdeskRevolution Beauty Appoints New Broker Amid Merger
TipRanks UK Auto-Generated NewsdeskRevolution Beauty Discloses Total Voting Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App