Brief: Topsports International Controlling Shareholder To Sell 276.8 Mln Shares

Topsports International Holdings

11/06/2020 01:32

June 11 (Reuters) - Topsports International Holdings Ltd
 6110.HK :
    * CONTROLLING SHAREHOLDER BELLE SPORTS TO SELL 276.8 MILLION
SHARES TO INDEPENDENT PARTIES
    * PLACING PRICE OF HK$10.50 PER SHARE
    * SALE SHARES REPRESENT ABOUT 4.46% OF CO'S TOTAL ISSUED
SHARE
CAPITAL
    * AFTER PLACING, BELLE SPORTS' SHAREHOLDING IN CO WILL DROP
FROM
ABOUT 82.91% TO 78.45%

Source text for Eikon:  ID:nHKS39LxRm 
Further company coverage:  6110.HK 

 ((Reuters.Briefs@thomsonreuters.com;))