Eroad Says UBS Group, Affiliates Cease to be Substantial Holder

MT Newswires Live

04/10

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

UBS Group became ERD's substantial holder on March 19.

Shares of the company rose past 1% in recent Thursday trade in New Zealand.

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