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Stock impact report

Ubisoft requests trading halt as half-year results are pushed back [Yahoo! Finance]

UBISOFT ENTMT UNSP/ADR (UBSFY) 
Company Research Source: Yahoo! Finance
The halt — which applies to Ubisoft's ordinary shares, corporate bonds and two series of convertible bonds — came into effect when markets opened on Friday and will remain in place until Ubisoft releases the postponed figures “in the coming days,” the company said in a statement on Euronext. It will inform the market once trading is set to resume. Ubisoft's chief financial officer Frederick Duguet told employees in an internal memo that the halt was intended to “limit unnecessary speculation and market volatility during this short delay” as the group took extra time to finalise the closing of the semester, Reuters reported. Related Ubisoft sexual harassment trial: Up to three years suspended prison sentences requested Ubisoft appoints advisors to explore strategic options for a potential buyout Headquartered in Saint-Mandé, Ubisoft is best known for franchises including Assassin's Creed, Far Cry, Just Dance and Tom Clancy's Rainbow Six. Ubisoft is also reshaping its opera Show less Read more
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