UBS Group AG Acquires 5.01% Stake in Web Travel Group
Company Announcements

UBS Group AG Acquires 5.01% Stake in Web Travel Group

Webjet Limited (AU:WEB) has released an update.

UBS Group AG has become a substantial holder in Web Travel Group Limited, acquiring a 5.01% voting power, which translates to 19,666,230 ordinary shares. The acquisition includes various interests through UBS’s branches and related fund managers, with UBS Securities Australia Ltd and beneficial owners holding significant portions of both ordinary shares and options. Registered holders of the securities include UBS nominees and various custodians, indicating UBS’s strategic positioning within Web Travel Group.

For further insights into AU:WEB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskWebjet Limited Sees Strategic Shareholding Changes
TipRanks Australian Auto-Generated NewsdeskWebjet’s Demerger Tax Ruling Clarified
TipRanks Australian Auto-Generated NewsdeskCBA Increases Stake in Webjet Limited
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App