Summary by Futu AI
HK Tech Venture Limited ("HK Tech Venture") announced that Somerley Cap Limited represented the company to propose a repurchase of up to 0.1 billion shares at a price of HKD 2.15 per share and applied for a waiver of the obligation to make a general offer. After the completion of the repurchase, the total equity interest of Top Group Coordinated Action Group in the issued shares increased from approximately 45.75% to approximately 51.55%. Relevant documents related to the share repurchase and equity structure changes include the offer document on June 14, 2024, the announcement of the shareholder special general meeting voting results on July 9, 2024, and the offer closure and result announcement on July 23, 2024. The share ownership documents that were not fully accepted for the share repurchase have been sent out on July 30, 2024. Yali Wong, Executive Director, Group CFO, and Company Secretary of HK Tech Venture, takes responsibility for the accuracy of this announcement on the same day.