Barclays PLC Increases Stake in Shandong Molong with 6.15 Million Shares

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According to the latest data from the Hong Kong Stock Exchange, Barclays PLC increased its holdings in Shandong Molong (HKEX: 00568) by 6.1524 million shares on July 20th.

The average price per share for this transaction was approximately HK$5.9024, resulting in a total investment of around HK$36.3139 million.

Following this acquisition, Barclays PLC's total shareholding in the company has risen to 16.6332 million shares, representing a 6.49% stake.

Additional information clarifies that the reportable interest was triggered by an increase in equity shares.

It notes that interests related to an intra-group hedge between Barclays Bank PLC and Barclays Capital Securities Limited are not double-counted at the Barclays PLC level.

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