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Lufax | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Ping An Insurance (Group) Company of China, Ltd.(66.8%),An Ke Technology Company Limited(44.1%), etc.

SEC ·  Sep 4, 2024 10:05

Summary by Moomoo AI

An Ke Technology Company Limited, China Ping An Insurance Overseas (Holdings) Limited, and Ping An Insurance (Group) Company of China, Ltd., collectively known as the Reporting Persons, have filed an amendment to their Schedule 13D with the U.S. Securities and Exchange Commission, disclosing their beneficial ownership in Lufax Holding Ltd. The amendment, dated September 4, 2024, reports that the Reporting Persons own a significant percentage of Lufax's ordinary shares, including shares underlying American Depositary Shares (ADSs). An Ke Technology holds a 44.1% stake, China Ping An Insurance Overseas owns 22.7%, and Ping An Insurance (Group) has a 66.8% interest in Lufax. The Reporting Persons have also disclosed the acquisition of call options for long-term investment purposes, with the options exercisable from November 1, 2024, to October 31, 2034. The total purchase price for the call options was approximately RMB 158.3 million, funded by An Ke's working capital.
An Ke Technology Company Limited, China Ping An Insurance Overseas (Holdings) Limited, and Ping An Insurance (Group) Company of China, Ltd., collectively known as the Reporting Persons, have filed an amendment to their Schedule 13D with the U.S. Securities and Exchange Commission, disclosing their beneficial ownership in Lufax Holding Ltd. The amendment, dated September 4, 2024, reports that the Reporting Persons own a significant percentage of Lufax's ordinary shares, including shares underlying American Depositary Shares (ADSs). An Ke Technology holds a 44.1% stake, China Ping An Insurance Overseas owns 22.7%, and Ping An Insurance (Group) has a 66.8% interest in Lufax. The Reporting Persons have also disclosed the acquisition of call options for long-term investment purposes, with the options exercisable from November 1, 2024, to October 31, 2034. The total purchase price for the call options was approximately RMB 158.3 million, funded by An Ke's working capital.
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