Barclays PLC Increases Stake in Shandong Molong by 3.87 Million Shares at HK$4.39 Per Share

Stock News
03/03

Recent data from the Hong Kong Stock Exchange reveals that Barclays PLC purchased an additional 3.87 million shares of Shandong Molong (00568) on February 25, at a price of HK$4.388 per share. The total transaction value amounted to approximately HK$16.97 million. Following this acquisition, Barclays PLC's total shareholding in the company has increased to 19.86 million shares, representing a 7.76% stake. Supplementary information indicates that the interests of BBPLC and BCSL in both long and short positions, as disclosed, relate to an internal hedging arrangement between the two entities. These hedging-related interests are not double-counted at the level of Barclays PLC.

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