Levima Advanced Materials' major shareholder reduces stake

Levima Advanced Materials Corporation announced that its controlling shareholder, Levima Group, reduced its stake in the company by 1,429,500 shares between January 25, 2025, and February 24, 2025. The transactions, executed via centralized bidding and block trading, represent 1.07% of Levima Advanced Material's total share capital. The reduction leaves Levima Group with a 48.93% stake, down from 50.00%. The company confirms this is part of a previously announced reduction plan.