On August 16th, according to the documents disclosed by Hong Kong Stock Exchange, Lever Style Holdings Limited bought shares off-market at an average price of HKD 0.78 per share on August 14th.$LEVER STYLE (01346.HK)$The company purchased 7 million ordinary stock shares valued at around HKD 5.46 million. After this shareholding, Lever Style Holdings Limited now has 0.343 billion shares, and its warehouse-to-port ratio has increased from 52.55% to 53.64%.
This transaction involves other affiliated parties: Imaginative Company Limited, Situ Zhiren, and Situ Zhiren.
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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.