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王明哲售出远东宏信(03360.HK)46万股普通股股份,价值约285.34万港元

Wang Mingzhe sold 460,000 shares of Fe Horizon (03360.HK) common stock, valued at approximately HKD 2.8534 million.

Futu News ·  Jun 7 17:04

On June 7, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on June 7, Wang Mingzhe sold at an average price of HK$6.2031 per share on June 6$FE HORIZON (03360.HK)$460,000 common shares worth approximately HK$2,853,400. After the sale, Wang Mingzhe's latest shareholding was 32.998 million shares, and the good position ratio dropped from 0.77% to 0.76%.

Additional information: The above change was considered to the exercise of share options and suggestions of shared shares by Mr. Wang Mingzhe under the share option scheme of the company proposed on 7 July 2014.

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As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of a listed company must disclose their interest in shares and debentures of the listed company and the company linked to the listed company.

Why is disclosure of interests important?

Disclosure of interests allows investors to identify (1) persons who control or are capable of controlling the stock interests of listed companies, and (2) persons who may benefit from transactions involving linked entities of listed companies.

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