Adriatic Metals Plc (GB:ADT1) has released an update.
UBS Group AG has reduced its holdings in Adriatic Metals PLC, with a drop below the 5% threshold that exempts it from further reporting obligations. This change in ownership was officially notified on August 26, 2024, following the crossing of the threshold on August 22. The announcement indicates a significant shift in stakeholder composition for the UK-based issuer.
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