Swire Pacific To Place Certain Cathay Pacific Shares

Reuters

03/13

March 13 (Reuters) - Swire Pacific Ltd <0019.HK>::
*PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY
*PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY
*TO SELL 153.1 MILLION CATHAY PACIFIC SHARES
*PLACING PRICE OF HK$11.74 PER CATHAY PACIFIC SHARE
*NET PROCEEDS TO BE RECEIVED BY CO FROM PLACING IS EXPECTED TO BE HK$1,789 MILLION
*INTENDS TO USE NET PROCEEDS FROM PLACING FOR GENERAL WORKING CAPITAL PURPOSES
*EXPECTED TO RECORD A GAIN OF HK$365 MILLION FROM PLACING
*PLACING RETURNS CO TO ITS HISTORICAL SHAREHOLDING IN CATHAY PACIFIC AIRWAYS
*UPON COMPLETION, CO WILL BE INTERESTED IN APPROXIMATELY 45.12% OF TOTAL ISSUED CATHAY PACIFIC SHARES
*SALE SHARES REPRESENT 2.52% OF TOTAL ISSUED CATHAY PACIFIC SHARES
*Further company coverage: 0019.HK
* ((Reuters.Briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 13-MAR-202600:21:00.213 GMT

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email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 13-MAR-202600:21:00.213 GMT</body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1534","symbol_name":"收租股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nRSDbyw7dC:1","article_id":"2619156711","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619156711","pubTimestamp":1773363656,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"March 13 (Reuters) - Swire Pacific Ltd <0019.HK>::*PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY*PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY*TO SELL 153.1 MILLION CATHAY PACIFI","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1534":"收租股","BK1230":"工业集团企业","00019":"太古股份公司A","SG9999010078.USD":"UNITED ASIA PACIFIC REAL ESTATE INCOME (USDHDG) INC","SG9999010052.SGD":"United Asia Pacific Real Estate Income Dis SGD","BK1123":"航空公司","SG9999009997.SGD":"United Asia Pacific Real Estate Income Acc SGD","LU0205439572.USD":"富达亚太股息基金","BK1216":"多样化房地产活动","00293":"国泰航空","LU0877626530.USD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU1119993845.HKD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (HKDHDG) INC","BK1561":"航空股"},"translate_title":"太古公司将配售若干国泰航空股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00019":0.9,"00293":0.9},"content_text":"March 13 (Reuters) - Swire Pacific Ltd <0019.HK>::*PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY*PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY*TO SELL 153.1 MILLION CATHAY PACIFIC SHARES*PLACING PRICE OF HK$11.74 PER CATHAY PACIFIC SHARE*NET PROCEEDS TO BE RECEIVED BY CO FROM PLACING IS EXPECTED TO BE HK$1,789 MILLION*INTENDS TO USE NET PROCEEDS FROM PLACING FOR GENERAL WORKING CAPITAL PURPOSES*EXPECTED TO RECORD A GAIN OF HK$365 MILLION FROM PLACING*PLACING RETURNS CO TO ITS HISTORICAL SHAREHOLDING IN CATHAY PACIFIC AIRWAYS*UPON COMPLETION, CO WILL BE INTERESTED IN APPROXIMATELY 45.12% OF TOTAL ISSUED CATHAY PACIFIC SHARES*SALE SHARES REPRESENT 2.52% OF TOTAL ISSUED CATHAY PACIFIC SHARES*Further company coverage: 0019.HK* ((Reuters.Briefs@thomsonreuters.com;))  ((Reuters Investor Briefs; 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