PATEO Directors Increase Holdings Through Market Purchases

Stock News06-22

An announcement from PATEO (02889) details recent share acquisitions by two of its executive directors.

The company's founder, chairman, executive director, and general manager, Mr. Ying Zhenkai, purchased a total of 204,600 H-shares in the company on the open market on June 18 and June 22, 2026, under a share purchase plan. The total consideration for these purchases exceeded HK$36 million.

Separately, the company's executive director, chief financial officer, and company secretary, Mr. Zhang Fukai, acquired a total of 29,860 H-shares on the open market on the same dates under the same plan, with a total cost exceeding HK$5 million.

Following these transactions, Mr. Ying's beneficial holdings, including those held through an employee incentive platform, amount to 15,554,600 H-shares and 32,295,600 domestic shares. Combined, these represent 29.99% of the company's total issued share capital of approximately 159.6 million shares.

Mr. Zhang's beneficial holdings now total 88,008 H-shares, accounting for 0.055% of the total issued share capital.

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