Eroad Says UBS Group Becomes Substantial Holder

MT Newswires Live

01/23

Eroad (ASX:ERD, NZE:ERD) received notice that UBS Group and its affiliated entities became substantial holders of the fleet management provider on Tuesday, according to a Friday filing with the New Zealand bourse.

The financial services firm and its affiliates own 9.4 million shares in the company, representing a 5.02% total voting power, the filing said.

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