AMEC's Seven Directors and Officers Complete Share Sale, Raising About RMB 110 Million
AMEC announced that the share-reduction period under the plan of seven directors and senior officers, including Chairman and General Manager Yin Zhiyao, has expired.
The seven directors and officers sold a combined 310,000 shares, representing 0.0322% of the company's total share capital, for a total of about RMB 110 million.
Yin Zhiyao sold 137,400 shares, or 0.0143% of total share capital, for RMB 53.7137 million.
The share-reduction plan has thus been fully implemented.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is negative for Semiconductor Value Chain, with intensity 20/100 and 70% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.