REG - Hongkong Land Hldgs - Updates on Executive Shareholdings by Management

Hongkong Land HoldingsAnnouncement

22/04/2024 10:30

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RNS Number : 5165L  Hongkong Land Hldgs Ltd  22 April 2024

Hongkong Land Holdings Limited

Updates on Executive ShareholdingS by Management

 

Hongkong Land Holdings Limited (the 'Company') announces that Craig Beattie,
the Company's Chief Financial Officer, together with the executive directors
of Hongkong Land Limited, Alvin Kong, Ling Chang Feng, John Simpkins, Kenneth
Foo, Raymond Wong, and Yolice Wu (together as the 'Management'), would acquire
about USD960,000 worth of the Company's shares in the open market between
April to June 2024. The acquisition of the Company's shares re-affirms
Management's commitment and confidence in the value and long-term development
of the Company. In accordance with the Executive Directors' Shareholding
Policy, approved by the Company's Remuneration Committee on 10th April 2024,
Management will increase their shareholdings in the Company annually to meet
the shareholding level required for Management, subject to compliance with the
applicable laws and regulations.

 

Jonathan Lloyd, Jardine Matheson Limited

For and on behalf of Hongkong Land Holdings Limited

22nd April 2024

 

www.hkland.com (http://www.hkland.com)

 

 

 

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