VIVA GOODS further acquired a total of 30.6465 million shares of LI NING
VIVA GOODS announced that from July 17, 2025, to October 31, 2025, it will further acquire 30.6465 million shares of LI NING through the Hong Kong Stock Exchange, at a total cost of approximately HKD 509 million. After the acquisition, VIVA GOODS will hold 350 million shares of LI NING, accounting for 13.53% of the total issued shares of LI NING. LI NING will continue to operate as an associate company of the group
According to the Zhitong Finance APP, VIVA GOODS (00933) announced that from July 17, 2025, to October 31, 2025 (including both start and end dates), the acquirer (VIVA China Development Limited) will further acquire a total of 30.6465 million shares of LI NING Company through the Stock Exchange in the open market, with a total cost of approximately HKD 509 million (excluding stamp duty and related expenses). The average price per acquired share is approximately HKD 16.61.
Before the acquisition, the acquirer held 319 million shares of LI NING (accounting for approximately 12.34% of the total issued shares of LI NING as of the date of this announcement). After the completion of the acquisition, the acquirer will hold 350 million shares of LI NING (accounting for approximately 13.53% of the total issued shares of LI NING as of the date of this announcement). LI NING will continue to be one of the group's associated companies after the completion of the acquisition, and the group will continue to account for LI NING's profits less losses in its accounts
