Goldman Sachs stake in Ubisoft tops 10% voting rights filing shows

Goldman Sachs crossed above the 10% capital threshold in Ubisoft on June 29, holding 13,694,725 shares.

The stake equals 10.07% of capital, representing 9.10% of voting rights.

The holding includes 8,548,858 shares tied to a securities loan with a right to recall, disclosed on July 3.

The position also includes 4,698,000 shares via cash-settled derivatives, including swaps and call warrants.

Goldman Sachs said the stake reflects market-making activity, citing no intention to seek control or board representation.