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Disclosure detail

Zhejiang Huayou Cobalt Co., Ltd.

06.12.2024 · T1OC600052

In brief

On 06.12.2024, a person holding the function "Executive member of the board of directors / senior management" at Zhejiang Huayou Cobalt Co., Ltd. disclosed a sale worth CHF 123’056’909 to SIX Exchange Regulation.

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Disclosure detail

A executive member of the board of directors / senior management of Zhejiang Huayou Cobalt Co., Ltd. declared a "Sale" transaction on 06.12.2024.

SIX publishes the manager's function, never their name: no individual is named in management transactions.

Transaction date06.12.2024
Issuing companyZhejiang Huayou Cobalt Co., Ltd.
ISINUS98955Q1013
Transaction sideSale
Management functionExecutive member of the board of directors / senior management
Security typeRegistered shares
SecurityN/A
Quantity27’501’505
Unit priceCHF 4.47
AmountCHF 123’056’909
Related partyRelated legal entity
ConditionsHuayou Holding, the controlling shareholder of the Company, and Mr. Chen Xuehua, the actual controller of the Company, have entered into the Stock Transfer Agreement, whereby it is proposed to transfer the 27,501,515 unrestricted tradable stocks of the Company (A-Shares listed on SSE) held by Mr. Chen Xuehua to Huayou Holding against payment of the purchase price of RMB 37.5 per share; The change in equity represents an internal transfer between the Company s actual controller and his party acting in concert. There will be no change in the total percentage or number of stocks held by them, and it does not involve a reduction of shareholding to the market or a tender offer; Please kindly refer to the announcement on December 6 for details: https://www.huayou.com/en/invester/general- announcements.This transaction has not yet been actually executed. The company is executing some procedures on the A-share registration system to implement this transaction and the actual change of shares as soon as possible.
ExchangeXSWX
Notification IDT1OC600052

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These figures aggregate public disclosures. They are not investment advice.