PATEO Group (02889.HK): Executive Directors Propose to Increase Shareholdings with Maximum Total Value of HK$10 Million

NewTimeSpace News: In a voluntary announcement released on June 18, PATEO Group disclosed that Mr. Ying Zhenkai, Founder, Chairman and General Manager of the Company, and Mr. Zhang Fukai, Executive Director, Chief Financial Officer and Company Secretary, intend to increase their shareholdings in the Company through open market purchases, with an aggregate maximum investment cap of HK$10 million.

NewTimeSpace News: On June 18, 2026, PATEO Group (02889.HK) issued a voluntary announcement stating that Mr. Ying Zhenkai, Chairman of the Company, and Mr. Zhang Fukai, Executive Director, plan to boost their respective shareholdings in the Company by acquiring shares on the open market. The total expenditure shall not exceed HK$10 million, to be funded by their personal own financial resources, subject to compliance with the Listing Rules and other applicable laws and regulations.

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