UBS Group AG, through its Investment Bank & Global Wealth Management, has acquired voting rights in Ascential PLC. The acquisition occurred on 21st May 2024, and UBS Group AG now holds 5.985944% of the voting rights in Ascential PLC, with 5.296560% through direct voting rights and 0.689384% through financial instruments. This amounts to a total of 12,343,861 voting rights held in the issuer.
The details of the acquisition include 10,922,253 direct voting rights and 1,381,245 voting rights through financial instruments. Additionally, UBS Group AG holds 40,363 voting rights through financial instruments with similar economic effect. The financial instruments have expiration dates and may be acquired if exercised or converted.
The notification also provides information on the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities. UBS Group AG is listed as the ultimate controlling person, with UBS AG holding the voting rights and financial instruments.
The completion date of the acquisition and notification was 23rd May 2024. No information regarding proxy voting was provided in the notification.
This notification serves to inform stakeholders and the public about the change in voting rights in Ascential PLC due to UBS Group AG's acquisition, as required by the standard form for notification of major holdings.