CEO Zuo Manlun increased his holdings in CHINA LESSO (02128) by approximately 43.9091 million shares, at a price of 3.77 Hong Kong dollars per share.
On July 8th, Executive Chairman Zuo Manlun increased his holdings in China Lesso Group (02128) by 43.91 million shares, with a price of 3.77 Hong Kong dollars per share, totaling approximately 166 million Hong Kong dollars.
The latest information from the Hong Kong Stock Exchange shows that on July 8th, CEO Leftman Lun increased his holdings of CHINA LESSO (02128) by 43,909,143 shares, with a price of 3.77 Hong Kong dollars per share, for a total amount of approximately 166 million Hong Kong dollars. After the increase, the latest number of shares held is 154 million shares, with a new ownership percentage of 4.95%.
Additional information: Regarding a collar with a bank on July 26, 2018, ZHL has agreed to purchase 43,909,143 shares from a bank. Under the net settlement agreement, the bank's obligation to deliver the shares and pay the initial amount under the collar, and ZHL's obligation to pay consideration and transfer the 43,909,143 shares under the collar on July 26, 2010, will be fulfilled. ZHL will deliver 6,970,513 shares to the bank on July 26, 2010. Box 28-4108 pertains to the bank's obligation to return shares under a previous collar.
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