Cybrid Technologies faces share reduction by major shareholder

Silverlight Investment Co., Ltd., currently holding 6.09% of Cybrid Technologies (SSE:603212), intends to reduce its shareholding through both centralized bidding and block trading. The planned reduction involves selling no more than 13,124,710 shares, representing up to 3% of the total share capital. This includes a maximum of 4,374,900 shares (1% of total) via centralized bidding and up to 8,749,810 shares (2% of total) via block trades. The reduction period is set from March 21, 2025, to June 20, 2025. Silverlight Investment stated this decision is based on its own financial needs. The firm committed to adhering to regulations including providing advanced notification.