Smoore International Director Increases Stake by HK$199 million

Apr.14
Smoore International Director Increases Stake by HK$199 million
Smoore International director Xiong Shaoming increases stake by HK$199 million, raising ownership to 39.40%.

According to documents disclosed by The Stock Exchange of Hong Kong on April 11th, Xiong Shaoming, Executive Director and Deputy General Manager of Smoore International, increased his holdings in Smoore International (06969.HK) by purchasing 19.792 million shares at an average price of 10.0333 Hong Kong dollars per share on April 9th, with a total value of approximately 199 million Hong Kong dollars. After the purchase, Xiong Shaoming now holds a total of 2.436 billion shares, increasing hislong position from 39.08% to 39.40%.

 

Editor's note: A long position is a category in the Hong Kong Stock Exchange's shareholders' equity change table. It refers to major shareholders holding equity in the company, including holding, selling, or issuing financial instruments (including derivative instruments) to maintain ownership. As a result, they have rights and responsibilities such as those listed below, making them "long" holders.

Smoore International Director Increases Stake by HK$199 million
Table 3A - Notification of Directors/Chief Executives - Equity Interests in Listed Corporations | Source: Hong Kong Stock Exchange Equity Disclosure.

 

 

 

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