Adriatic Metals Plc (GB:ADT1) has released an update.
Adriatic Metals PLC has announced a significant change in share ownership, with UBS Group AG acquiring a combined total voting rights of 5.716636%, crossing a notable threshold on May 3, 2024. This change was officially notified to the company on May 7, 2024, and involves both direct voting rights and financial instruments. The transaction signifies a noteworthy shift in the company’s shareholder composition, highlighting potential investor confidence and strategic interest by UBS Group AG.
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