Valeo says Goldman Sachs holds 5.5% stake after voting rights threshold drop

Goldman Sachs Group, Inc.

Goldman Sachs Group, Inc.

GS

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  • Goldman Sachs cut its stake in Valeo below 5% of voting rights on March 30.
  • Goldman Sachs held 13,497,983 Valeo shares, equal to 5.5% of share capital, as of that date.
  • Voting rights attached to that holding stood at 4.89%.
  • Move followed an off-market sale of Valeo shares.
  • Position included equity derivatives and securities lending exposures tied to 7,053,483 Valeo shares.


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