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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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