ALLAN INT'L: Public shareholding has decreased to approximately 24.04%
ALLAN INT'L announced that the public shareholding has decreased to approximately 24.04%, below the minimum 25% required by the listing rules. This decline is due to Mr. Webb David Michael and his wholly-owned Preferable Situation Assets Limited purchasing shares in the market. As of the announcement date, the shareholding ratio of PSAL and its affiliated company Member One Limited is approximately 13.24%
According to the Zhitong Finance APP, ALLAN INT'L (00684) announced that as of the date of this announcement, the public float of the company remains below the minimum percentage of 25% stipulated in Listing Rule 8.08(1)(a) (minimum prescribed percentage), decreasing from approximately 24.27% as announced on June 14, 2024, to about 24.04%. This decrease is due to Mr. Webb David Michael purchasing shares in the market and Preferable Situation Assets Limited (PSAL). Mr. Webb submitted a disclosure of interest on April 2, 2025, revealing the transfer of shares to Member One Limited (MOL), both PSAL and MOL are wholly owned by Mr. Webb. As of the date of this announcement, PSAL and MOL hold approximately 13.24% of the total issued share capital of the company
