MINISO Founder Ye Guofu to Purchase Additional Shares Worth Over HK$50 Million

Stock News04-23 21:42

MINISO Group Holding Limited (09896) announced that its controlling shareholder, Board Chairman, and CEO Ye Guofu has informed the board of his plan to increase his stake in the company. The share purchase, which will be executed over the next 12 months starting from the announcement date, involves acquiring company shares through open market transactions or private deals using his personal funds. The total investment is expected to be no less than HK$50 million. As of the announcement date, Ye directly and indirectly holds approximately 790 million shares, representing about 63.7% of the issued shares (excluding treasury shares). According to available information and the board's knowledge, the company will maintain sufficient public float after the share purchase plan is implemented. This move demonstrates Ye's strong confidence in the company's long-term growth prospects and intrinsic value.

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