FLAT GLASS (06865): Shareholders and Directors Plan to Reduce Holdings by No More Than 49.98061 Million Shares

Stock News

Aug 27

FLAT GLASS (06865) announced that due to personal funding requirements, the company's controlling shareholders, directors, supervisors, and senior management personnel including Mr. Ruan Hongliang, Ms. Jiang Jinhua, Mr. Wei Yezhong, Mr. Shen Qifu, Mr. Zheng Wenrong, Mr. Shen Fuquan, Mr. Zhu Quanming, Mr. Wei Zhiming, Mr. Zhao Changhai, as well as specific shareholders Mr. Pan Rongguan and Ms. Jiang Jinlan, plan to reduce their holdings of the company's unrestricted tradable shares by no more than 49.98061 million shares in aggregate within 3 months after 15 trading days from the date of this share reduction plan announcement (excluding periods when share reduction is prohibited according to the relevant regulations of The Stock Exchange of Hong Kong Limited and Shanghai Stock Exchange). The reduction will be conducted through centralized bidding and/or block trading methods, representing no more than 2.1333% (rounded) of the company's total share capital.

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