Barclays PLC Increases Stake in Zhejiang Shibao (01057) by 1.878 Million Shares at HK$5.66 Per Share

Stock News01-13

According to the latest data from the Hong Kong Stock Exchange, Barclays PLC increased its stake in Zhejiang Shibao (01057) by 1.878 million shares on January 7, with a transaction price of HK$5.657 per share, totaling approximately HK$10.6238 million. Following this acquisition, the financial institution's total shareholding reached 11.57 million shares, representing a 5.34% stake. Supplementary information indicates that the notifiable interest first occurred due to an increase in equity shares; the interests disclosed, specifically BBPLC's holdings of 1.914 million shares long and short and BCSL's interests in 32,000 shares long and 1.908 million shares short as noted in box 22, pertain to an intra-group hedging arrangement between BBPLC and BCSL, with interests arising from the hedge not being double-counted at the BPLC level.

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