Reported on September 23, according to documents disclosed by the Hong Kong Stock Exchange on September 23, M&G Plc increased its shareholding on September 19 with an average price of 6.289 Hong Kong dollars per share.$MEILAN AIRPORT (00357.HK)$0.378 million H-share shares, valued at approximately 2.3772 million Hong Kong dollars. After the increase, the latest number of M&G Plc's shares held is 18.43 million shares, and the good warehouse ratio has increased from 7.96% to 8.12%.
Supplementary information: Change in nature of interest due to return of lent shares.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.