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08487 ISP GLOBAL
RTNominal down0.116 -0.001 (-0.855%)
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19/07/2018 11:39

ISP Global (08487) major holder reduces 3.29% stake

[ET Net News Agency, 19 July 2018] ISP Global (08487) said its controlling shareholder
Express Ventures was entered into a placing agreement with Head & Shoulders Securities to
place up to 26 million shares of the company held by Express Ventures at HK$1.9 per
placing share.The placing shares represent 3.29% of the existing issued share capital of
the company.
Upon completion of the placing, the number of shares held by Express Ventures will
decrease to 573 million shares, representing 71.71% of the existing issued share capital
of the company and Express Ventures will remain the controlling shareholder of the
company. (SC)

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