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    Home»Announcements»Chairman of Sky Light Increases 4.1 Million Shares
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    Chairman of Sky Light Increases 4.1 Million Shares

    Marie JonesBy Marie JonesJune 30, 2017No Comments2 Mins Read
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    Demonstrates Full Confidence in the Group’s Prospects

    HONG KONG — Sky Light Holdings Limited (“Sky Light” or the “Group”) (stock code: 3882), a leading digital imaging device and solutions provider for the home imaging industry and a pioneer in the virtual reality (“VR”) industry, has announced that Mr. Tang Wing Fong Terry (“Mr. Tang”), Chairman, Chief Executive Officer and Executive Director of the Group has purchased a total of 4,130,000 ordinary shares of the Group (“Shares”) for an aggregate amount of approximately HK$7.0 million, further increasing his shareholding to approximately 51.96% of the Group’s entire issued share capital.

    On 5 June, 2017, Mr. Tang purchased a total of 825,000 ordinary shares of the Group at the average price of HK$1.783 per share;
    On 8 June, 2017, Mr. Tang purchased a total of 500,000 Shares at the average price of HK$1.797 per share;
    On 19 June 2017, Mr. Tang purchased another 500,000 Shares on the market at the average price of HK$1.685 per share;
    On 22 June 2017, Mr. Tang purchased another 500,000 Shares on the market at the average price of HK$1.644 per share;
    On 23 June 2017, Mr. Tang purchased another 305,000 Shares on the market at the average price of HK$1.668 per share;
    On 27 June 2017, Mr. Tang again purchased a total of 1,500,000 Shares at the average price of HK$1.641 per share;

    The above purchases underscore his strong confidence in the prospects of the Group’s future development. Subsequently, Mr. Tang has increased his shareholding to approximately 51.96% of the Group’s entire issued share capital.

    Mr. Tang Wing Fong Terry, Chairman of Sky Light, said, “Continuously increasing my shareholdings in Sky Light demonstrates my strong confidence in the Group’s future development. We will continue to seize market opportunities and strengthen our leading position in the industry to bring greater returns for shareholders.”

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