NEW SPARKLEROLL (00970.HK): Holds ~11.54% of B&O, no sale plan
- The Group held about 11.54% of B&O's issued shares and has no present plan to sell the stake.
- The announcement reflects only the Group's current intention, not a commitment to maintain any shareholding level.
NewTimeSpace News: On 16 October 2026, New Sparkle Roll International Group Limited (00970.HK) issued a voluntary clarification on recent media reports and market rumours about its stake in Danish audio company Bang & Olufsen A/S (B&O). The Group held about 11.54% of B&O's issued shares as at the announcement date and, based on current circumstances and the Board's assessment, has no present plan to sell its stake.
The statement reflects only the Group's current intention, not a commitment to maintain any shareholding level, and the Board will keep re-evaluating the investment in light of market conditions, its objectives and strategy. It also reminded shareholders that information not published by the Company may not accurately reflect its circumstances, and that it accepts no responsibility for such information.
