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UBS Group Discloses 5.05% Substantial Holding in EROAD

Story Highlights
  • UBS Group AG has acquired a 5.05 percent substantial holding in EROAD, totaling 9,497,095 ordinary shares.
  • The position is spread across UBS entities via prime broking, stock lending, and derivatives, boosting institutional interest and market visibility for EROAD.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UBS Group Discloses 5.05% Substantial Holding in EROAD

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The latest update is out from EROAD ( (ERDLF) ).

UBS Group AG and its related entities have disclosed a substantial holding in EROAD Limited, accumulating 9,497,095 ordinary shares, representing 5.05% of the company’s quoted voting stock. The stake is held through various UBS arms, including its Australia and London branches and UBS Asset Management (Australia), via a mix of prime broking, stock lending and borrowing activities, and cash-settled swap derivatives, signalling increased institutional interest in EROAD’s shares that could enhance the stock’s liquidity and visibility among global investors.

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See more data about ERDLF stock on TipRanks’ Stock Analysis page.

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