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Montage Technology: Major Shareholder WLT Intends to Divest Up to 0.19% of Its Stake
12 hour ago /
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Author：小编
Montage Technology has revealed that its significant shareholder, WLT Partners, L.P., intends to decrease its holding by selling no more than 2.33 million shares via centralized bidding transactions. This move is prompted by the limited partners' need for capital to exercise their equity incentives. The planned stake reduction constitutes no more than 0.19% of the company's total share capital. The divestment period is set from November 2, 2026, to February 1, 2027, with the transaction price to be determined by the prevailing market rates. At the time of this announcement's disclosure, WLT possesses 45.0125 million shares of Montage Technology, representing 3.69% of the company's entire share capital.
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