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LANSEN PHARMA Sells 1.68M Starry Shrs, Estimated Net Gain at US$3.75M
LANSEN PHARMA (00503.HK) announced that the Company disposed on-market of an aggregate of 1.68 million Starry Shares at the price of RMB26.91 per Share (represented a 10% discount to the closing price on the Shanghai Stock Exchange at the previous trading day) today (18 September), pursuant to the Starry Disposal Mandate and the Fifth Share Reduction Plans for an gross sale proceeds of approximately RMB45.21 million (equivalent to approximately US$6.38 million), before deducting transaction costs and related tax.
As a result of this disposal, the Group is expected to recognise a net gain of approximately US$3.75 million.
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