HONG KONG, Oct. 9, 2015 /PRNewswire/ -- Linekong Interactive Group Co., Ltd. ("Linekong" or the "Company", which together with its subsidiaries, is referred to as the "Group"; stock code: 8267), a leading mobile game developer and publisher in mainland China, is pleased to announce that Mr. Wang Feng, Chairman, Chief Executive Officer and Executive Director of the Group purchased an aggregate of 572,000 shares in the Company during the period from 17 September to 24 September 2015, thus increasing his equity interest in Linekong to 20.52% from 20.36%.
Some members of the company's senior management also increased their shareholdings to show their long-term commitment to the Company and confidence in its prospects. Ms. Liao Mingxiang, President and Executive Director of the Group and two other members who are executive directors purchased an aggregate of 47,500 shares during the period from 16 September to 5 October 2015.
The above purchases were made at an average price of approximately HK$6.876 per share.
The major shareholder and management increased their shareholdings because they were confident about the Company's sustainable investment value, operations and prospects.
| About the Company Linekong Interactive Group Co., Ltd. is a leading mobile game developer and publisher in the People's Republic of China (PRC) with strong capabilities to develop proprietary games and publish licensed games. In 2014, the Group ranked tenth among all mobile game developers in the PRC. The Group provides diverse mobile games and offers superior gaming experiences for a large game player base. In June, 2015, the Group launched its first console game. Currently, the Group's business covers the markets of mainland China, Hong Kong, Macau, Taiwan and South Korea under its "Pan-entertainment" strategy. Linekong Interactive was listed on the GEM Board of the Stock Exchange of Hong Kong Limited on 30 December 2014. For more information, please visit: www.linekong.com. |
