Paladin Energy Ltd (AU:PDN) has released an update.
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UBS Group AG has acquired a significant stake in Paladin Energy Ltd, holding 5.54% of the company’s voting shares. Through various branches and asset management arms, UBS controls a substantial number of ordinary shares, emphasizing its influence in the company’s decision-making. This development is likely to attract attention from investors interested in the uranium sector and those tracking institutional movements in the market.
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