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Evergrande's Vice Chairman 8 times exercised the subscription right and then reduced the cumulative net cash flow of more than 900 million yuan

2019-12-12T13:17:08.822Z


Xia Haijun, Vice Chairman of China Evergrande (3333), continued to exercise the subscription right and then sold the cash. From Monday to Wednesday (9-11), a total of 27.295 million subscription rights were exercised at an exercise price of 3.05 yuan per share. Involved


Financial news

Written by: Zhang Weilun

2019-12-12 21:07

Last updated: 2019-12-12 21:08

Xia Haijun, Vice Chairman of China Evergrande (3333), continued to exercise the subscription right and then sold the cash. From Monday to Wednesday (9-11), a total of 27.295 million subscription rights were exercised at an exercise price of 3.05 yuan per share. In other words, the cost involved is 83.25 million yuan. It was then sold on the same day as the exercise of the subscription rights. The average selling prices for the three days were 20.0485 yuan, 19.3812 yuan, and 19.35382 yuan, which means a total of 5.38 yuan in three days. After deducting costs, Xia Haijun's net income was 455 million yuan.

In fact, Xia Haijun began to sell from November 22 this year after exercising the subscription right from time to time. Up to December 11, a total of 8 exercise of the subscription right before the sale of goods, a cumulative reduction of 54.758 million shares, cash out of about 1.08 billion yuan, after deducting costs, net income of about 909 million yuan.

Evergrande's vice chairman repeatedly exercised stock options and sold a total of 450 million yuan on the same day

China Evergrande

Source: hk1

All news articles on 2019-12-12

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