Goldman Sachs crosses a threshold at Ubisoft Entertainment

On December 22, 2025, Ubisoft Entertainment, listed on Euronext Paris, announced that The Goldman Sachs Group, Inc. had fallen below the 5% threshold of its share capital. This announcement resulted from an off-market sale and a reduction in its holdings through the assimilation of Ubisoft shares. As of December 16, 2025, Goldman Sachs held 6,715,883 shares, representing 4.99% of the share capital and 4.52% of the voting rights. This indirect stake is distributed among several entities within the group, including Goldman Sachs International, which holds 4.77% of the share capital. In addition, Goldman Sachs has loaned 3,699,254 shares with a recall right. Additional derivative contracts include 2,230,127 shares via swaps and various warrants and options covering 717,297 shares.