Greek Education International Holdings (01765) issued an announcement. The board of directors of the company was notified by Wang Huiwu, the company's executive director, CEO and controlling shareholder. On February 14, 2024, Mr. Wang purchased a total of 398,000 shares of the company's common shares in an open market transaction at a total cost of about HK$114,400 (equivalent to an average price of about HK$0.3). Following the purchase, Mr. Wang Shiyi held a total of about 1,665 billion shares, accounting for about 20.25% of the total number of shares issued by the company on the date of this announcement.
According to Mr. Wang's notice, in accordance with applicable laws and regulatory requirements, Mr. Wang does not rule out the possibility that he will further increase his shareholding in the company in due course.