The UBS Group reported that in July 2026 it reduced its position in cash-settled derivatives referenced to preferred shares of CEMIG (CMIG4), going from 10.17% to 0.03%. The information is contained in a notice received by Companhia Energética de Minas Gerais – CEMIG, a company listed on B3 and in New York.
According to UBS, the change mainly involves call and put options on preferred shares CMIG4 and is not intended to change CEMIG’s control structure or management structure. The group also stated that it is not a party to contracts or agreements governing the exercise of voting rights or the purchase and sale of securities issued by the company.
In the same notice, UBS detailed other positions in CEMIG assets held by its entities, including shares and ADRs (receipts representing shares traded abroad), with no indication of any individual material stake that would alter the company’s control.
