Vivendi said on Tuesday that the remaining shares represented a 5.9 percent stake in Ubisoft. It sold the whole stake for 429 million euros.

"Vivendi is no longer a Ubisoft shareholder and maintains its commitment to refrain from purchasing Ubisoft shares for a period of five years," Vivendi said in a statement.

"Vivendi, which already owns Gameloft, a global leader in mobile video games, confirms its intention to continue to strengthen its position in the video games sector," it added.

Including this sale, Vivendi has sold 2 billion euro worth of Ubisoft shares and pocketed a capital gain of 1.2 billion euros.

(Reporting by Sudip Kar-Gupta; Editing by Inti Landauro)