On December 21, according to documents disclosed by the Hong Kong Stock Exchange on December 21, Renaissance Healthcare Holdings Limited sold OTC on December 21 at an average price of HK$0.5 per share$RICI HEALTH (01526.HK)$268 million common stock shares, worth approximately HK$134 million. After the sale, the latest number of shares held by Renaissance Healthcare Holdings Limited was 0 shares, and the good position ratio fell from 16.87% to 0.00%.
This transaction involves other related parties: BPEA Private Equity GP V, L.P., BPEA EQT Holdings AB, EQT AB, BPEA Private Equity Fund V, L.P., and BPEA Private Equity GP V Limited.
Supplemental Information: Completion of Sale of SharesWhat is disclosure of interests?
As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of shares) are required to disclose their share interests in listed companies. The directors and chief executives of a listed company are required to disclose their interests in shares and debentures in the listed company and companies associated with the listed company.
Why is disclosure of interests important?
Disclosure of interests enables investors to identify (1) persons who control or have the ability to control the shares of a listed company, and (2) persons who may benefit from transactions involving associated entities of the listed company.