Adriatic Metals Plc (GB:ADT1) has released an update.
Adriatic Metals PLC has notified stakeholders of a significant change in share ownership following financial instruments dealings by UBS Group AG. The transactions, which crossed the notification threshold on August 29, 2024, have resulted in UBS Group AG holding a combined total of 5.23% of the voting rights in Adriatic Metals PLC as of the notification date. This change in the shareholding structure could signal strategic moves by UBS Group AG in its investment approach towards Adriatic Metals PLC.
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