UBS AG Raises Stake in Guotai Junan International to 7.70% Amid Privatisation Scheme

Bulletin Express
Nov 03

Hong Kong, 3 November 2026 – The Executive of the Hong Kong Code on Takeovers and Mergers today disclosed that UBS AG has increased its shareholding in Guotai Junan International Holdings Ltd (“Guotai Junan International”) to 733.42 million shares, representing 7.70% of the company’s issued share capital. The transactions were conducted on 2 November 2026 in the context of the company’s proposed privatisation by way of a scheme of arrangement.

UBS AG executed nine on-market purchases amounting to 8.08 million shares at prices ranging from HK$2.94 to HK$2.97 per share, for an implied outlay of approximately HK$23.80 million. The bank also disposed of 0.74 million shares at an average price close to HK$2.96, trimming the gross purchase to a net addition of 6.93 million shares.

As a result, UBS AG’s holding rose from 726.50 million shares (7.62% of the issued share capital) to 733.42 million shares (7.70%). All dealings were executed for UBS AG’s own account. The bank is classified as a Class (6) associate of the offeree due to its shareholding in Guotai Junan International and is ultimately owned by UBS Group AG.

The disclosure was made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, which mandates timely reporting of dealings in the securities of companies subject to a takeover or privatisation proposal.

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