PuDian Food (01699) has released a notice that, as of the date of this announcement, in the event that any buyer, including a person acting in concert with them, acquires 30% or more of the voting rights of the company while the receiver is exercising their rights to sell pledged shares to other third-party buyers, the relevant sale may trigger a mandatory general offer under the Takeover Code.

As of the date of this announcement, the company has not received any further information regarding the pledged shares, other than what is stated above.