UBS Group AG Increases Stake in GigaDevice with 25,700 Share Purchase at HK$803.97 Per Share

Stock News06-03

Recent data from the Hong Kong Stock Exchange reveals that on May 28, UBS Group AG increased its holding in GigaDevice (HKEX: 03986) by 25,700 shares. The transaction was executed at an average price of approximately HK$803.9708 per share, resulting in a total consideration of around HK$20.662 million.

Following this acquisition, UBS Group AG's total shareholding in the company has risen to roughly 2.0017 million shares. This represents a holding percentage of 6.02% of the issued share capital.

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