On June 3rd, according to the documents disclosed by the Hong Kong Stock Exchange on June 3rd, Battsengel Gotov sold 250,000 ordinary shares at an average price of HKD 9.9995 per share, with a total value of approximately HKD 2.4999 million. After the sale, the latest number of shares held by Battsengel Gotov is 8.25 million, and the holdings percentage decreased from 0.81% to 0.79%.$MONGOL MINING (00975.HK)$Battsengel Gotov sold 250,000 ordinary shares with a value of approximately HKD 2.4999 million. After the sale, the latest number of shares held by Battsengel Gotov is 8.25 million, and the holdings percentage decreased from 0.81% to 0.79%.
Additional information: The Company granted share options to the Director and employees on April 3rd, 2023. These share options will lapse on April 3rd, 2028, upon the expiration of the exercise period. On May 31st, 2024, Dr. Gotov exercised a total of 250,000 share options for 250,000 shares of the Company, which were disposed of on the same day via a cashless sell order through the Company's Hong Kong branch share registrar for and on behalf of Dr. Gotov.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.