Brief: Prysmian Says Unit Draka Signs Block Trade Placing Agreement For 32,968,500 H Shares Of Yangtze Optical Fibre And Cable

Yangtze Optical Fibre and Cable Joint Stock Co

02/06/2025 13:02

June 2 (Reuters) - Prysmian SpA PRY.MI:

UNIT DRAKA COMTEQ SIGNS  BLOCK TRADE PLACING AGREEMENT FOR 32,968,500 H SHARES OF YANGTZE OPTICAL FIBRE AND CABLE

AMOUNT REPRESENTS AROUND 4.35% OF COMPANY'S SHARE CAPITAL, PRICE IS HK$ 15.44PER SHARE

AT END OF PLACEMENT, DRAKA TO REDUCE ITS STAKE IN COMPANY TO AROUND 15.65%

Further company coverage: PRY.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))