On ****, according to the documents disclosed by the Hong Kong Stock Exchange on ****, Diamond AcquisitionCo SARL sold at an average price of HKD 8.5625 per share on May 31st.$GTJA (02611.HK)$Diamond AcquisitionCo SARL sold 332,200 shares of H shares, worth about HKD 2,844,500. After the sale, the latest shareholding of Diamond AcquisitionCo SARL was 167 million shares and the warehouse ratio decreased from 12.02% to 11.99%.
This trade involved other affiliated parties: Apax IX USD L.P., Apax IX GP Co. Limited, Apax IX USD GP L.P. Inc., Diamond Holding SARL, A9 USD (Feeder) L.P., Andrew William Guille, Apax Guernsey (Holdco) PCC Limited, and Jacqueline Mary Le Maitre Ward.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.
