share_log

Lufax | 6-K: Controlling Shareholders Increase Shareholding

SEC ·  Dec 5, 2024 04:49

Summary by Moomoo AI

On December 5, 2024, Lufax announced a significant increase in shareholding by its controlling shareholders. An Ke Technology, a subsidiary of Ping An Financial Technology, entered into an agreement with Lanbang and Tun Kung to amend the Tun Kung Offshore Call Option. This amendment allows An Ke Technology to purchase 173,744,733 shares from Tun Kung, representing approximately 10.02% of Lufax's total shares.Following the completion of this transaction, An Ke Technology, along with Ping An Overseas Holdings, now holds approximately 66.85% of Lufax's shares. Tun Kung's shareholding has decreased to approximately 7.76%. The company confirmed that it maintains sufficient public float in compliance with the Stock Exchange's listing rules.This strategic move strengthens Ping An Group's influence over Lufax, enhancing its position in the financial technology sector.
On December 5, 2024, Lufax announced a significant increase in shareholding by its controlling shareholders. An Ke Technology, a subsidiary of Ping An Financial Technology, entered into an agreement with Lanbang and Tun Kung to amend the Tun Kung Offshore Call Option. This amendment allows An Ke Technology to purchase 173,744,733 shares from Tun Kung, representing approximately 10.02% of Lufax's total shares.Following the completion of this transaction, An Ke Technology, along with Ping An Overseas Holdings, now holds approximately 66.85% of Lufax's shares. Tun Kung's shareholding has decreased to approximately 7.76%. The company confirmed that it maintains sufficient public float in compliance with the Stock Exchange's listing rules.This strategic move strengthens Ping An Group's influence over Lufax, enhancing its position in the financial technology sector.
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