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Ann: Becoming a substantial holder, page-35

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    So the facts are that UBS issued a Substantial Shareholding Notice showing that it had a beneficial ownership and fund management position totalling 70 mil. The next day (but before publishing its announcement) it clears out its short position. Then a couple of days later arch rival BOA announces a significant short position giving rise to surprise surprise a Substantial Shareholding Notice with a tidy little 5.1%

    So now there is a big long position with UBS and a similar short position with BOA. Who is behind that and what comes next?
    Last edited by Tekvest: 14/02/24
 
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