ASIX Technology (01675) was advised by the buyer (ASIX Security) that the buyer and seller Skipper Investment Limited (indirectly controlled by non-executive director Zhang Yichen and holding approximately 22.872% of the company's issued share capital) entered into a share purchase agreement on January 16, 2024, according to which the seller agreed to sell and the buyer agreed to buy shares to sell (180 million shares or 190 million shares held by the seller, accounting for approximately 19.236% or 20.316% of the company's issued share capital). Subject to the terms of the share purchase agreement.
After delivery, and taking into account the voting rights entrustment agreement, the buyer group will own and have the right to exercise voting rights for a total of 269 million to 280 million shares, accounting for approximately 28.808% to 29.921% of the company's issued share capital on the date of this announcement.