On July 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on July 9, Schroders PLC increased its Shareholding on July 7 at an average price of HKD 59.7527 per share.$ANJOY FOOD (02648.HK)$It acquired 0.6332 million H shares, worth approximately HKD 37.8354 million. After the increase, the latest number of shares held by Schroders PLC is 2.5332 million shares, and the shareholding ratio rose from 4.75% to 6.33%.
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 shares) must disclose their shareholding interests in the listed company. The Directors and senior executives of the listed company must disclose their share and bond interests in the listed company and any associated companies.
Why is equity disclosure important?
Equity disclosure allows investors to identify (1) individuals who control or have the ability to control the shares of a company listed in Hong Kong, and (2) individuals who may benefit from transactions involving related entities of the listed company.
