Bank of America crosses thresholds for Ubisoft

On November 19, 2025, Bank of America Corporation announced that it had crossed the 5% threshold of both share capital and voting rights in Ubisoft Entertainment. This transaction, recorded on November 14, 2025, increases Bank of America's indirect stake to 8.56% of the share capital and 7.75% of the voting rights. Merrill Lynch International, a Bank of America entity, also crossed these thresholds individually.

Acquisitions made on the market, combined with contracts granting share recall rights, contributed to this milestone. Merrill Lynch International holds a call option on 200,000 Ubisoft shares, exercisable until December 2025. In parallel, swap positions on several million shares are held by various Bank of America entities, with maturities extending to 2028.