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UBS Group Acquires Significant Stake in Talga Group

UBS Group Acquires Significant Stake in Talga Group

Talga Group Ltd. (AU:TLG) has released an update.

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UBS Group AG has become a substantial holder in Talga Group Ltd, with a 5.21% voting power through various entities engaged in stock borrowing and lending activities as well as fund management. The shares are held across multiple custodians and nominees, with Credit Suisse Funds AG being one of the substantial shareholders. The detailed consideration for these holdings, acquired over the past four months, can be found in an appendix to the notice.

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

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