Hongkong Land Hldgs Ltd Updates on Executive Shareholdings by Management

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

 

 

 

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