On November 28, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on November 28, Fidelity International (Pandanus Associates Inc.) increased its shareholding on November 25 at an average price of HK$19.0031 per share.$SAMSONITE (01910.HK)$They acquired 0.8349 million shares of common stock, worth approximately HK$15.8657 million. After the increase in shareholding, the latest number of shares held by Fidelity International is 85.026 million shares, and the proportion of good holdings rose from 5.95% to 6.02%.
This trade involves other related parties: FIL Limited and Pandanus Partners L.P.
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.
