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Roshow Technology Controlling Shareholder Plans to Sell Up to 1.75% Stake

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Roshow Technology (SHE:002617) controlling shareholder Roshow Group, along with concerted parties including the actual controller and related funds, plans to reduce its collective stake by up to 33.4 million shares, or 1.75% of total share capital.

The reduction will be undertaken within three months starting 15 trading days from June 2 using centralized bidding and block trading.

The group currently holds 11.32% of the company.

Shares of the motor and generator manufacturer closed 5% lower Wednesday.

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