MARKETS & INVESTING | Staff Reporter, Hong Kong

Esprit Board clueless as to why trading price slips

It simply noted the decrease in the trading price of Esprit shares.

An announcement made pursuant to Rule 13.10 of the Rules Governing the Listing of Securities on the Stock Exchange said the board of directors of Esprit Holdings Limited has noted the decrease in the trading price of the shares of the company. The Board, however, is not aware of any reason for such decrease.

In addition, the Board said there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable under Rule 13.23 of the Listing Rules.

It is not aware as well of any matter discloseable under the general obligation imposed by Rule 13.09 of the Listing Rules, which is or may be of price sensitive nature.

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