Mattioli Woods (GB:MTW) has released an update.
Mattioli Woods PLC has announced that UBS Group AG’s stake in the company has decreased below the 5% threshold, making its holdings exempt from reporting requirements. The notification indicates that UBS no longer holds a significant voting interest in Mattioli Woods, with the date of threshold crossing reported as August 28, 2024, and the formal notification completed on August 30, 2024. This change in shareholding could be of interest to investors tracking the company’s stock performance and ownership structure.
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