The controlling shareholder of NATURAL FOOD IH (ASX: 01837) has increased its investment in the company.
An announcement from the company states that its controlling shareholder, Natural Capital Holdings Limited, purchased a total of 1.5 million ordinary shares on the open market between June 23 and June 25, 2026.
The shares were acquired at an average price of approximately HK$1.4395 per share, representing about 0.07% of the total issued shares as of the announcement date.
The purchase was made using Natural Capital's own funds, motivated by its strong confidence in the company's future development prospects and its recognition of the firm's long-term investment value.
Natural Capital is indirectly and wholly owned by the trustee of the Paddy Aroma Trust, a family trust established by the company's founder, executive director, and CEO, Mr. Zhang Zejun.
Prior to this acquisition, Natural Capital held approximately 930 million shares, equivalent to about 42.49% of the total issued share capital.
Following the purchase, its holding has increased to roughly 931.5 million shares, representing approximately 42.56% of the issued shares.
Furthermore, Natural Capital has informed the company that this share purchase reflects its confidence in the group's business outlook.
It has also indicated the possibility of further increasing its stake in the future, subject to market conditions and compliance with applicable laws and regulations.