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COOL LINK(08491.HK)获ELEPHANT INTERNATIONAL HOLDINGS GROUP LIMITED场外增持5,967万股普通股股份,价值约4,773.6万港元

Cool link (08491.HK) received an off-market shareholding of 59.67 million ordinary shares from ELEPHANT INTERNATIONAL HOLDINGS GROUP LIMITED, worth approximately 47.736 million Hong Kong dollars.

Futu News ·  Oct 10 17:06

Reported on October 10th, according to the documents disclosed by the Hong Kong Stock Exchange on October 10th, ELEPHANT INTERNATIONAL HOLDINGS GROUP LIMITED increased its off-market shareholding on October 8th at an average price of 0.8 Hong Kong dollars per share.$COOL LINK (08491.HK)$59.67 million ordinary shares, worth approximately 47.736 million Hong Kong dollars. After the increase in shareholding, ELEPHANT INTERNATIONAL HOLDINGS GROUP LIMITED's latest number of shares held is 59.67 million shares, and the holding ratio has increased from 0.00% to 14.97%.

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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.

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