ANTA Sports (2020, 82020) Announces Major Transaction for 29.06% Stake in Puma SE

Bulletin Express
Feb 13

ANTA Sports Products Limited (2020, 82020) disclosed a major transaction involving the acquisition of 29.06% equity interest in Puma SE. According to the information provided, the highest applicable percentage ratio under Chapter 14 of the Listing Rules exceeds 25% but remains below 100%, classifying the deal as a major transaction subject to reporting, announcement, and shareholders’ approval requirements.

The company confirmed that no shareholder is required to abstain from voting on the transaction. On 13 February 2026, written approvals were obtained from Anta International, Anda Holdings, and Anda Investments, which collectively hold 1,477.50 million shares, representing approximately 52.83% of the total issued shares. Consequently, a general meeting will not be convened for this acquisition.

The company initially planned to dispatch a circular containing further details of the share purchase agreement to shareholders by 16 February 2026. However, additional time is needed to finalize certain information. Accordingly, the company has applied for a waiver to extend the deadline for dispatch of the circular to on or before 24 April 2026.

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