Playmates Toys Limited (HKG:0869) has noted the recent increases in the price and trading volume of its shares. Save for the purchase of 672,000 shares and 788,000 shares of the company at an average price of HK$0.307 and HK$0.345 on the market on 12 and 13 January 2012 respectively by Charles Ip Shu-wing, an independent non-executive director of Playmates Holdings Limited, the board was not aware of any reasons for such increases.
The company has confirmed that there are no negotiations or agreements relating to intended acquisitions or realisations that are discloseable under the Listing Rules.