WELLCELL H-NEW Records HK$230 Million in Custodial Holdings as Major Shareholder Deposits 576 Million Shares

Stock News06-24 09:00

Recent data from the Hong Kong Stock Exchange indicates that on June 23rd, WELLCELL H-NEW (02477) experienced a significant change in its custodial holdings. The total value of shares deposited reached HK$230 million, representing 14.40% of the company's issued share capital.

This movement follows the deposit of 576 million shares by a company shareholder into Beta International Securities, which increased the shareholder's proportional stake by 14.40%.

The company had previously disclosed that on June 10th, 2026, its major shareholder, WELLCELL HOLD (acting as the seller), entered into three separate sale and purchase agreements. These agreements were for the sale of a combined 576 million company shares to three individuals, with the sale price set at HK$0.3445 per share.

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