On June 26, according to the document disclosed by the Hong Kong Stock Exchange, Ross Stewart Norgard increased his shareholding on June 21 at an average price of AUD 0.0184 per share, purchasing 576,200 ordinary shares with a total value of approximately AUD 10,600.$BROCKMAN MINING (00159.HK)$After the shareholding increase, Ross Stewart Norgard's latest shareholding number is 251 million shares, and the HAO warehouse ratio increased from 2.69% to 2.70%.
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.