Eureking: UBS rises above 5% of share capital
April 18, 2023 at 04:10 pm IST
On April 12, 2023, UBS Group, a Swiss company, declared that it had indirectly, via UBS AG, which it controls, exceeded the thresholds of 5% of the share capital and voting rights in Eureking, and that it held, directly and indirectly, 1,343,722 Eureking shares representing the same number of voting rights, i.e. 6.72% of the company's share capital and voting rights.
This threshold crossing results from an increase in the number of Eureking shares held by assimilation, as a result of which the trading exemption no longer applies to the declaring party.
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