FilingReader Intelligence

Draka Comteq B.V. fully divests H-shares in Yangtze Optical Fibre and Cable

September 21, 2025 at 09:39 AM UTCBy FilingReader AI

Draka Comteq B.V. has completed the divestment of its H-share holdings in Yangtze Optical Fibre and Cable Joint Stock Limited Company. On September 19, 2025, Draka Comteq B.V. sold 37,595,257 H shares via a block trade on the Hong Kong Stock Exchange. This transaction reduces Draka Comteq B.V.'s ownership from 5.00% to 0.00% of the company's total share capital.

This move is driven by financial management and business development considerations, according to the equity change report. As of the report's signing date, Draka Comteq B.V. has no current plans to further increase or decrease its holdings in Yangtze Optical Fibre and Cable within the next 12 months.

The divestment follows a series of H-share sales by Draka Comteq B.V. over the past six months, including 28,246,771 H shares on April 17, 2025; 32,968,500 H shares on June 5, 2025; 5,826,756 H shares between July 7 and July 21, 2025; 37,595,255 H shares on July 29, 2025; and another 37,595,255 H shares on September 4, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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