APT General Manager Cheng Zhenghui plans to reduce his holdings by no more than 2%
APT's general manager Cheng Zhenghui plans to reduce his holdings by no more than 2.8203 million shares through block trades, accounting for approximately 2% of the company's total share capital. The reduction will take place within three months after the announcement is disclosed, and the total number of shares reduced within any consecutive 90 calendar days will not exceed 2% of the company's total share capital
According to the announcement from Zhitong Finance APP, APT (688617.SH) has recently received a notice from Mr. Cheng Zhenghui, a shareholder holding more than 5% of the company's shares, Vice Chairman, and General Manager, regarding the share reduction plan. The reducing party intends to reduce its holdings in the company through block trading, totaling no more than 2.8203 million shares, which is no more than 2% of the company's total share capital. The total number of shares to be reduced within any consecutive 90 calendar days will not exceed 2% of the company's total share capital, and the reduction period will be within three months starting from 15 trading days after the disclosure of this announcement
