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Disclosure detail

Zhejiang Huayou Cobalt Co., Ltd.

31.12.2024 · T1OCV00013

In brief

On 31.12.2024, 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 127’883’886 to SIX Exchange Regulation.

This is the largest management sale disclosed at Zhejiang Huayou Cobalt Co., Ltd. over the previous 12 months (2 sales in total).

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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 31.12.2024.

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

Transaction date31.12.2024
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 4.65
AmountCHF 127’883’886
Related partyRelated legal entity
Conditionson December 6, 2024, the Company disclosed the indicative announcement which shows Huayou Holding, the controlling shareholder of the Company, and Mr. Chen Xuehua, the actual controller of the Company, had entered into the Stock Transfer Agreement, whereby it was 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 slight change in transaction value compared to previous reports is due to changes in the exchange rates between RMB and CHF. Huayou Holdings is a company controlled by Mr. Chen Xuehua, and the two are parties acting in concert. This transfer is only internal shareholding adjustment between concerted action persons, and does not involve external transfer or secondary market reduction, so it won't cause any changes in the controlling shareholder and actual controller of the Company, and the total number and ratio of shares held by Huayou Holdings and Mr. Chen Xuehua remain unchanged. Recently, Huayou Holdings and Mr. Chen Xuehua received the Confirmation of Securities Transfer Registration issued by China Securities Depository and Clearing Co., Ltd.
ExchangeXSWX
Notification IDT1OCV00013

Other Zhejiang Huayou Cobalt Co., Ltd. insider transactions

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