Continental Aerospace Technologies: Weiss Asset Management Raises Holding to 5.17% Ahead of Proposed Delisting

Bulletin Express07-15 17:46

Continental Aerospace Technologies Holding Limited (stock code: 00232) reported a change in shareholding on 15 July 2026, in connection with its proposed delisting. According to a disclosure filed under Rule 22 of the Hong Kong Code on Takeovers and Mergers, Weiss Asset Management LP increased its position in the company on 14 July 2026.

Weiss Asset Management purchased a total of 5.36 million shares in two on-market transactions: 4.95 million shares at HK$0.4095 per share and 0.41 million shares at HK$0.4100 per share. Following these purchases, the fund’s aggregate holding rose to 481.25 million shares, representing 5.17 % of Continental Aerospace Technologies’ issued share capital.

The filing classifies Weiss Asset Management as a Class (6) associate of the offeree company by virtue of its shareholdings. All trades were executed on behalf of discretionary investment clients. The investment manager is ultimately owned by Andrew Murray Weiss.

The disclosure forms part of the ongoing monitoring process linked to Continental Aerospace Technologies’ proposed delisting, providing transparency on share movements by parties associated with the transaction.

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