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UBS Group AG Boosts Stake in MMA Offshore

UBS Group AG Boosts Stake in MMA Offshore

MMA Offshore Limited (AU:MRM) has released an update.

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UBS Group AG has increased its stake in MMA Offshore Limited, with its voting power rising from 5.19% to 6.83% as reported on 10 July 2024. This change reflects a significant uptick in UBS Group AG’s shareholding, with the total number of ordinary shares now amounting to 25,872,450. The announcement details no new associations, with UBS maintaining various custodian and fund manager roles that exert control over voting shares.

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

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