Galilee Energy Limited (AU:GLL) has released an update.
UBS Group AG has acquired a 6.92% stake in Galilee Energy Limited, becoming a substantial shareholder with over 26 million ordinary shares. This strategic move by UBS was announced on August 20, 2024, marking a significant investment by the financial giant into the energy sector. The shares are held through UBS Securities Australia Ltd and are associated with several related corporate bodies.
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