UBS Group AG's Major Shareholder Announcement
Bang & Olufsen A/S has received an important announcement regarding its major shareholders. UBS Group AG has reported that, according to the Danish Capital Markets Act, its holding of shares and voting rights has exceeded 5 percent of the total amount as of a recent date. This marks a significant position for UBS Group AG within the company.
Current Shareholding Details
As of the specified date, UBS Group AG holds a total of 6,471,340 shares and voting rights in Bang & Olufsen A/S, representing approximately 5.27 percent of the total shares and voting rights. This development indicates the increasing confidence and commitment of UBS Group AG towards the company.
Contact Information
For further details regarding this announcement, interested parties can reach out to:
Cristina Rønde Hefting
Sr. Director, Head of Strategy & Investor Relations
Phone: +45 4153 7303
About Bang & Olufsen A/S
Bang & Olufsen A/S is a renowned brand specializing in high-end audio products, known for its commitment to delivering exceptional quality and innovative design. The company strives for excellence and a meaningful consumer experience through its diverse range of audio and visual products.
Frequently Asked Questions
What does the announcement from UBS Group AG mean?
The announcement indicates that UBS Group AG has increased its shareholding in Bang & Olufsen A/S to above 5%, reflecting a significant investment and confidence in the company.
How many shares does UBS Group AG currently hold?
UBS Group AG currently holds 6,471,340 shares and voting rights in Bang & Olufsen A/S.
What percentage of shares does UBS Group AG own?
UBS Group AG owns approximately 5.27% of the total shares and voting rights in Bang & Olufsen A/S.
Who can be contacted for more information?
Cristina Rønde Hefting, the Sr. Director and Head of Strategy & Investor Relations, is the contact person for further inquiries.
What is Bang & Olufsen known for?
Bang & Olufsen is known for its high-end audio products, delivering exceptional sound quality and innovative design that enhances the consumer experience.
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