The Group held at this date 24.059% of the capital and 21.296% of Ubisoft's voting rights, based on the number of shares and voting rights declared by the video game company September 30, 2016.
Vivendi said Monday it reached on November 4 the statutory threshold of 24% of Ubisoft's capital and held at this date 24.059% of the capital and 21.296% of the voting rights of the world number three video games.
The announcement comes [after] Ubisoft has previously reiterated on Monday [its] determination to remain independent [from] Vivendi, its largest shareholder, while continuing its expansion into new segments like mobile through potential acquisitions and collaborations.
Create and manage your virtual portfolio
According to the latest available data before the threshold was crossed on Monday, the media group owned 22.5% of Ubisoft's capital before the founding family of the company (13%)