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Lufax | 6-K: Lufax Appoints Anglo-Chinese as Independent Financial Advisor

SEC ·  Jul 12 19:52

Summary by Futu AI

Lufax Holding Ltd, a company incorporated in the Cayman Islands and listed on the New York Stock Exchange under the ticker LU, has announced the appointment of Anglo Chinese Corporate Finance, Limited as its independent financial adviser. This appointment, announced on July 12, 2024, is in connection with the Lufax Offers, which were initially mentioned in a joint announcement on July 3, 2024, involving Ping An Insurance (Group) Company of China, Ltd., An Ke Technology Company Limited, and China Ping An Insurance Overseas (Holdings) Limited. The role of the adviser is to assist the Lufax Independent Board Committee in making a recommendation to the stakeholders, including Lufax Shareholders, holders of Lufax ADSs, Lufax Optionholders, and Lufax PSU Holders, regarding the Lufax Offers. The offers...Show More
Lufax Holding Ltd, a company incorporated in the Cayman Islands and listed on the New York Stock Exchange under the ticker LU, has announced the appointment of Anglo Chinese Corporate Finance, Limited as its independent financial adviser. This appointment, announced on July 12, 2024, is in connection with the Lufax Offers, which were initially mentioned in a joint announcement on July 3, 2024, involving Ping An Insurance (Group) Company of China, Ltd., An Ke Technology Company Limited, and China Ping An Insurance Overseas (Holdings) Limited. The role of the adviser is to assist the Lufax Independent Board Committee in making a recommendation to the stakeholders, including Lufax Shareholders, holders of Lufax ADSs, Lufax Optionholders, and Lufax PSU Holders, regarding the Lufax Offers. The offers are contingent upon the satisfaction of certain pre-conditions and may not necessarily proceed. Shareholders and potential investors are advised to exercise caution and seek professional advice when dealing with the company's securities. The board of directors, led by Chairman and CEO Yong Suk CHO, has taken responsibility for the accuracy of the information in the announcement.

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