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Coolpad Group (02369.HK) Fully Sells MSTR (MSTR.US) Shares, Expects to Record Gain of About USD0.87 million
Coolpad Group (02369.HK) announced that 390 call options of MSTR (MSTR.US) sold by its subsidiary DigitalTech were fully exercised by the relevant holders. The Group sold 39,000 MS...
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Coolpad Group (02369.HK) Fully Sells MSTR (MSTR.US) Shares, Expects to Record Gain of About USD0.87 million
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Coolpad Group (02369.HK)  +0.120 (+13.636%)   announced that 390 call options of MSTR (MSTR.US)      sold by its subsidiary DigitalTech were fully exercised by the relevant holders. The Group sold 39,000 MSTR shares to the holders of the 390 MSTR call options in the open market at a price of USD150 per MSTR share, with a total consideration of approximately USD5.85 million, equivalent to about HKD45.69 million. The Group expects to record a gain of approximately USD0.87 million, equivalent to about HKD6.79 million.

Upon completion of the disposal, the Group will no longer hold any MSTR shares. (ss/u)(HK stocks quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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