Brief: Swire Pacific To Place Certain Cathay Pacific Shares
13/03/2026 24:52
March 13 (Reuters) - Swire Pacific Ltd 0019.HK: PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY PLACING OF CERTAIN CATHAY PACIFIC SHARES HELD BY COMPANY TO SELL 153.1 MILLION CATHAY PACIFIC SHARES PLACING PRICE OF HK$11.74 PER CATHAY PACIFIC SHARE NET PROCEEDS TO BE RECEIVED BY CO FROM PLACING IS EXPECTED TO BE HK$1,789 MILLION INTENDS TO USE NET PROCEEDS FROM PLACING FOR GENERAL WORKING CAPITAL PURPOSES EXPECTED TO RECORD A GAIN OF HK$365 MILLION FROM PLACING PLACING RETURNS CO TO ITS HISTORICAL SHAREHOLDING IN CATHAY PACIFIC AIRWAYS UPON COMPLETION, CO WILL BE INTERESTED IN APPROXIMATELY 45.12% OF TOTAL ISSUED CATHAY PACIFIC SHARES SALE SHARES REPRESENT 2.52% OF TOTAL ISSUED CATHAY PACIFIC SHARES Further company coverage: 0019.HK ((Reuters.Briefs@thomsonreuters.com;))
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