Lenovo plans to transfer nearly 5% of its stake in Green Alliance Technology for $363 million

www.techweb.com.cn/finance/2019-02-11...

[TechWeb] On February 11, NSFOCUS announced that the company's shareholder, Legend Capital, intends to transfer 39,956,969 shares (4.9967% of the company's total share capital) held by the company to the CLP, with a transfer price of approximately 363 million yuan.

QQ Pictures 20190211143427

Green League Technology statement said February 10 2019 shareholders holding more than 5 percent of Investor AB Limited, Lenovo Investment Co., Ltd. shares of the transfer of the agreement notice. Of these, Lenovo transferred 39956969 shares (4.9967 percent of its total share capital) to the CLP Electronics and Information Industry Investment Fund (Tianjin) partnership.

The transfer price of Lenovo shares is RMB 9.08 RMB / share, and the total transfer price is RMB 9.08 RMB / share per share.

The price is multiplied by the number of underlying shares of 39,956,969 shares, or 362,809,278.52 yuan (about 363 million yuan).

In addition, the announcement stated that IAB will transfer 1.8933% of the shares of NSFOCUS to CLP, and transfer 7.0009% of shares to CLP (Chengdu) Network Security Equity Investment Fund Partnership.

Prior to the transfer of the share agreement, IAB held 146,742,476 shares of NSFOCUS, accounting for 18.3503% of the total share capital of NSFOCUS, which was the company's largest shareholder. The number of shares transferred was 71,124,638 shares, accounting for 8.8942% of the company's total share capital; The investment held 87,316,418 shares of NSFOCUS, accounting for 10.9190% of the company's total share capital. The number of shares transferred was 39,956,969 shares, accounting for 4.9677% of the company's total share capital.

After the completion of the transfer of the share agreement, the China Power Fund and the Netan Fund were acting in concert, holding a total of 111,081,607 shares of NSFOCUS, accounting for 13.8909% of the company's total share capital.

Lenovo Investment proposed $363.00 million transfer holding Green Alliance Technology near 5am shares

Read More Stories

© NVBOOK.com , New View Book