APT ELECTRONICS (02551) Controlling Shareholder Group and Senior Management Plan Additional H-Share Purchases

Stock News
04/20

APT ELECTRONICS (02551) announced that on April 20, 2026, the company received notification from its controlling shareholder group and senior management. Expressing optimism regarding the group's future development prospects and confidence in its sustained, stable, and healthy growth, alongside full recognition of its long-term investment value, the controlling shareholder group and senior executives plan to purchase additional company H-shares on the open market within three months from the date of this announcement. As of the announcement date, the controlling shareholder group holds interests in a total of 65,218,835 H-shares and 171,316,739 domestic shares, collectively representing approximately 44.04% of the company's total issued share capital. According to the intention of the controlling shareholder group, following the implementation of this share purchase plan, the group's total shareholding in the company is not expected to trigger a mandatory offer obligation under Rule 26 of the Hong Kong Code on Takeovers and Mergers. This rule pertains to situations where a controlling shareholder of a Hong Kong-listed company increases their holding of between 30% and 50% of the voting rights by more than 2% within any 12-month period. Based on information available to the company and to the best of the Board's knowledge, it is expected that the company will continue to comply with the minimum public float percentage requirement under the Listing Rules after the completion of this share purchase plan.

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