Chmn Michael Chan sells Cafe de Coral (HKG:0341) option shares


Cafe de Coral Holdings (HKG:0341) chairman Michael Chan Yue-kwong made HK$3.043 million profit on March 23 by selling 250,000 shares of the company which he obtained through exercising share option at HK$8.8 per share. He re-sold the shares at HK$20.97 per share on average on the Stock Exchange, according to the exchange's Disclosure of Interests information.

Chan's long position in the company dropped from 2.07% to 2.02% after the disposal.

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