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UBS Reduces its Stake in Aedas Homes to 5.3%

The Swiss banking entity's reduced stake is valued at 53.2 million euros.

David Martínez Consejero Delegado AEDAS Homes 1 1024x575 1 1

On 27 January, UBS reduced its stake in Aedas Homes, according to the records maintained by the National Securities Market Commission (CNMV), after carrying out a series of off-market operations, known as ‘over-the-counter’ (OTC) trades.

As such, it reduced its stake by almost two percentage points, which means that it now controls 5.3% of the property developer’s share capital. It continues to be the firm’s second-largest shareholder. Its stake is now valued at 53.2 million euros and comprises 1.8 million securities in the form of financial instruments and 769,440 shares that it holds indirectly. In total, it now owns around 2.6 million of the property developer’s shares.

Read the full article in Spanish.

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