MMA Offshore Limited (AU:MRM) has released an update.
UBS Group AG and its related bodies corporate have emerged as a substantial holder in MMA Offshore Limited, securing a 5.38% voting power with 20,377,967 ordinary shares. UBS’s associated entities, including various fund management and securities firms, have obtained relevant interests through a range of financial arrangements such as prime broking agreements and stock borrowing activities. The detailed acquisition and the nature of the control over these shares highlight UBS Group’s strategic positioning within MMA Offshore’s financial landscape.
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