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EROAD ( (ERDLF) ) just unveiled an update.
EROAD Limited, a company listed on the NZX, has seen a reduction in the substantial holding of its ordinary shares by UBS Group AG and its related bodies corporate. The disclosure indicates that UBS Group AG’s holding has decreased from 6.35% to 3.30%, reflecting a significant divestment of shares. This change in shareholding could impact EROAD’s market perception and investor confidence, as substantial holdings often signal strategic interest or influence in a company.
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