EROAD Says UBS Group, Affiliates Cease to be Substantial Holder

MT Newswires Live

02/04

EROAD (ASX:ERD, NZE:ERD) received notice that UBS Group and its affiliates are no longer substantial holders of the company, effective Jan. 30, according to a Tuesday filing with the Australian and New Zealand bourses.

UBS Group became ERD's substantial holder on Nov. 20, 2024.

Shares of the company fell nearly 1% in recent Tuesday trade in New Zealand.

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