According to the documents disclosed by the Hong Kong Stock Exchange on June 26th, Ross Stewart Norgard increased shareholding on June 24th at an average price of 0.018 Australian dollars per share.$BROCKMAN MINING (00159.HK)$He increased 23,500 common stock shares, worth about 422.17 Australian dollars. After the increase, Ross Stewart Norgard's latest shareholding is 251 million shares, with a warehouse-to-household ratio of 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.