Fudan-Zhangjiang shareholder Yang Zongmeng plans to reduce holdings by no more than 10.37 million shares, accounting for no more than 1% of the equity
Fudan-Zhangjiang shareholder Yang Zongmeng plans to reduce his holdings by no more than 10.3657 million shares through centralized bidding from November 26 to February 25 next year, with a reduction ratio not exceeding 1%. He promised that the reduction price would not be lower than the initial listing price, and the current adjusted amount per share is RMB 8.64. Yang Zongmeng is reducing his holdings due to funding needs and currently holds 6.18% equity
According to a report from Economic Information Daily on the 5th, Fudan-Zhangjiang (01349) (Shanghai: 688505) announced that it recently received a notice from shareholder Yang Zongmeng regarding a share reduction plan. He plans to reduce his holdings by no more than approximately 10.3657 million shares through centralized bidding from November 26 of this year to February 25 of next year, with a reduction ratio not exceeding 1% of the total share capital. The group stated that according to Yang Zongmeng's commitment, the price at which he reduces his shares will not be lower than the issue price at the time of the initial public offering. As of yesterday, the adjusted amount after the ex-rights and ex-dividend events is RMB 8.64 per share. He is reducing his shares due to personal funding needs, and Yang Zongmeng currently holds 6.18% equity. (wh)
