UBS AG discloses Guotai Junan shares dealings

UBS AG reported a series of securities dealings related to Guotai Junan Securities Co Ltd on March 3, 2025, as required by Rule 22 of the Hong Kong Code on Takeovers and Mergers. The transactions, dated February 28, 2025, involved both purchases and sales of ordinary shares. Notable transactions included a purchase of 526,360 shares for $9,304,696.0830, with prices ranging from $17.3300 to $17.9790, and the sale of 5,175,000 shares valued at $91,149,291.8019 with prices between $17.3300 and $17.9499. Further dealings consisted of derivative transactions and hedging activities related to Delta 1 and equity-related products, all executed through wholly unsolicited client-driven orders. UBS AG clarified that these dealings were made for its own account as an exempt principal trader connected with the Offeror, and that the ultimate parent is UBS Group AG. All dealings were in A shares and denominated in RMB.