Guotai Junan: UBS AG discloses securities dealings
UBS AG disclosed its securities dealings in Guotai Junan Securities Co Ltd, as required under Rule 22 of the Hong Kong Code on Takeovers and Mergers. The dealings, executed on February 28, 2025, involved ordinary shares related to hedging activities. Specifically, UBS AG purchased 285,000 shares, as a result of wholly unsolicited client-driven orders, for a total of $3,349,491.9312, with prices ranging from $11.7300 to $11.8580. The firm also sold 3,378,200 shares stemming from similar unsolicited orders, receiving $39,939,834.8086 at prices between $11.6200 and $12.1800, along with another 1,200,000 shares related to other equity related products with prices of $11.4200 to $11.8800. The total amount received was $13,849,724.0000. UBS AG is identified as an exempt principal trader connected with the offeror and confirmed that the dealings were made for its own account. The firm is ultimately owned by UBS Group AG.
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