Guotai Junan securities dealings disclosed under takeovers code

UBS AG disclosed a series of securities dealings in Guotai Junan Securities Co Ltd shares on March 11, 2025, according to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The transactions, all involving A-shares of the company, included both purchases and sales related to hedging Delta 1 products and derivatives referenced to baskets or indexes that contain relevant securities. Total purchases amounted to 2,793,200 shares, with a total amount of $42,440,566.5661, with individual prices ranging from $17.9100 to $18.1200. The sales of 1,149,200 shares realised $20,670,352.8131, at prices from $17.9337 to $17.9739. UBS AG clarified that these dealings were for its own account as an exempt principal trader connected with the Offeror, and were denominated in RMB. UBS AG is ultimately owned by UBS Group AG.