On December 9, GLONGHUI reported that Sichuan Swellfun (600779.SH) announced it has received a notification letter from its indirect shareholder Diageo Relay B.V. This notification states that Tanqueray Gordon and Company Limited ("TGco", one of the shareholders of Diageo Relay B.V.) has acquired 210,648,550 shares of common stock of Diageo Relay B.V. at $12.27 per share from Diageo Investment Holdings Limited ("DIHL", another shareholder of Diageo Relay B.V.) as consideration (i) two loan certificates issued by TGco to DIHL for amounts of $5,022,388,954 and $11,989,299,518.44 respectively, and (ii) the transfer of a loan certificate originally issued by Diageo plc in the amount of $288,311,527.56 to DIHL.
As of the date of this announcement, the company's indirect shareholder Diageo Relay B.V. indirectly holds 3,154 shares of Sichuan Swellfun through Diageo Highlands Holding B.V., and indirectly holds 193,996,444 shares of Sichuan Swellfun through Sichuan Chengdu Swellfun Group Co., Ltd., for a total indirect holding of 193,999,598 shares, accounting for 39.79% of the company's latest total share capital (the company completed a partial repurchase of shares on December 4, 2024, changing the total shares from 488,361,398 to 487,503,198; details can be found in the company's December 4 disclosure of "Implementation Announcement on the Cancellation of Part of the Repurchased Shares").
The recent change in the shareholding structure of the indirect shareholder Diageo Relay B.V. ("this change") was triggered by an internal transfer between different entities controlled by the same actual controller (i.e., Diageo plc) and does not constitute an increase or decrease in the company's shareholding. This change will not affect the company's direct controlling shareholder and actual controller, nor the respective shareholding ratios within the company.
