UBS AG discloses dealings in Sun Art Retail shares

UBS AG disclosed dealings in Sun Art Retail Group Limited (HKEX: 6808) shares on February 11, 2025, as required under Rule 22 of the Hong Kong Code on Takeovers and Mergers. The transactions, executed on February 10, 2025, involved the purchase of 12,000 ordinary shares at $1.7000 each, totaling $20,400.0000. Concurrently, UBS AG sold 22,500 shares at $1.6958 each, amounting to $38,155.0050. The dealings stem from hedging Delta 1 products driven by unsolicited client orders. UBS AG clarified that it is an exempt principal trader connected with the offeror and that these dealings were made for its own account. UBS Group AG ultimately owns UBS AG.