Crossing thresholds at Ubisoft Entertainment

Ubisoft Entertainment announces that HSBC Holdings Plc has crossed the thresholds of 5% of the company's capital and voting rights. This increase in capital was revealed by a letter received on July 5, 2024.

HSBC Holdings Plc acquired, on July 1, 2024, indirectly through its subsidiaries, 8,272,818 shares of Ubisoft Entertainment, representing 6.49% of the capital and 5.97% of the voting rights of the company.

This operation notably includes the holding of 7,275,723 shares by HSBC Bank Plc. The remaining shares are divided between HSBC Continental Europe, HSBC Global Asset Management (UK) Limited and INKA Internationale Kapitalanlagegesellschft mbH.

This threshold crossing results from an off-market acquisition of Ubisoft Entertainment shares and also includes “convertible bonds” exercisable at any time until 2031.