Barclays PLC Increases Stake in DRINDA by 2.73 Million Shares at HK$44.01 Each
Stock News
Feb 10
On February 4, Barclays PLC purchased an additional 2.73 million shares of DRINDA (02865) at a price of HK$44.0133 per share, involving a total consideration of approximately HK$120 million. Following this acquisition, Barclays PLC's total holding in the company increased to 7.10 million shares, representing a stake of 8.65%.
Supplementary information indicates that BBPLC's interests in 376,900 shares long and short, and BCSL's interests in 376,900 shares short as disclosed at box 22, relate to an intra-group hedging arrangement between BBPLC and BCSL. Interests arising from this hedge are not double-counted at the level of Barclays PLC.
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