Disclosure of Dealings in China Shengmu Organic Milk Limited Shares – Potential Price Sensitive Event
Public Disclosure: CITIC Securities International Capital Management Limited Discloses Dealings in China Shengmu Organic Milk Limited
Key Points in the Report
- On 3 March 2026, CITIC Securities International Capital Management Limited (a Class (5) associate connected with the Offeror) disclosed dealings in the shares of China Shengmu Organic Milk Limited.
- The transaction involved a variation of a derivative related to 333,000 reference securities at a reference price of \$0.3401 per share.
- The total amount paid or received in this transaction was \$113,253.30.
- Following this derivative transaction, the resultant balance of relevant securities (including any connected parties) was zero.
- CITIC Securities International Capital Management Limited is ultimately owned by CITIC Securities Company Limited.
Important Information for Shareholders
- The disclosure was made pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers, indicating that a possible mandatory general offer situation could be developing.
- Dealings were for the own account of CITIC Securities International Capital Management Limited, which is a connected party.
- As the resultant balance of relevant securities is now zero, this could potentially signal a change in the holding structure ahead of a possible mandatory general offer, which is a potentially price-sensitive event for shareholders.
- Investors should monitor further disclosures closely, as the emergence of a mandatory general offer can significantly impact the share price and the control of China Shengmu Organic Milk Limited.
Detailed Transaction Breakdown
| Party |
Date |
Type of Security |
Product Description |
Nature of Dealing |
Number of Securities |
Maturity/Closing Date |
Reference Price |
Total Amount Paid/Received |
Resultant Balance |
| CITIC Securities International Capital Management Limited |
3 March 2026 |
Derivatives |
Other types of products |
Variation of a derivative |
333,000 |
3 March 2026 |
\$0.3401 |
\$113,253.30 |
0 |
Potential Impact on Share Value
The disclosure of derivative dealings by a connected associate of the Offeror, and the zeroing out of the resultant balance, may indicate strategic positioning ahead of a possible mandatory general offer. Such developments are often considered highly price sensitive and could affect the share values of China Shengmu Organic Milk Limited in the near term. Shareholders and potential investors are advised to remain vigilant for any further announcements.
Disclaimer: The above article is for informational purposes only and should not be considered as investment advice. Investors should conduct their own due diligence or consult their financial advisers before making any investment decisions. The information is based on publicly disclosed documents and may be subject to change as more details emerge.
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