OIO Group (OIO) CEO Choi details major indirect stakes in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
OIO Group director, CEO and Chairman Choi Sung Fung (Norman) filed an initial Form 3 showing indirect holdings of Ordinary Shares through two entities. One block of shares is held by De Tomaso Automobili Holdings Limited and another by Ideal Team Ventures Limited, where Mr. Choi is the sole director with voting and dispositive power. He may be deemed to have beneficial ownership of these shares but disclaims beneficial ownership beyond his pecuniary interest. The filing does not report any new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Choi Sung Fung (Norman)
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 212,088,084 shares (Indirect, See Footnote)
Footnotes (1)
- Consists of shares owned by De Tomaso Automobili Holdings Limited. Mr. Choi is the sole director and has voting and dispositive power over the shares owned by De Tomaso Automobili Holdings Limited and may be deemed to have beneficial ownership of the shares held directly by De Tomaso Automobili Holdings Limited. Mr. Choi disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. Consists of shares owned by Ideal Team Ventures Limited. Mr. Choi is the sole director and has voting and dispositive power over the shares owned by Ideal Team Ventures Limited and may be deemed to have beneficial ownership of the shares held directly by Ideal Team Ventures Limited. Mr. Choi disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Key Figures
Indirect holding via De Tomaso Automobili Holdings Limited: 23,042,191 ordinary shares
Indirect holding via Ideal Team Ventures Limited: 212,088,084 ordinary shares
2 metrics
Indirect holding via De Tomaso Automobili Holdings Limited
23,042,191 ordinary shares
Total shares following transaction as of 2026-04-30
Indirect holding via Ideal Team Ventures Limited
212,088,084 ordinary shares
Total shares following transaction as of 2026-04-30
Key Terms
beneficial ownership, voting and dispositive power, pecuniary interest
3 terms
beneficial ownership financial
"may be deemed to have beneficial ownership of the shares held directly"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and dispositive power financial
"is the sole director and has voting and dispositive power over the shares"
pecuniary interest financial
"disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest"
FAQ
What does the OIO Group (OIO) Form 3 filing by CEO Choi show?
The Form 3 shows CEO and Chairman Choi Sung Fung (Norman) reporting indirect holdings of OIO Group Ordinary Shares through two entities he directs. It is an initial ownership statement and does not disclose any new share purchases or sales.
Does the OIO Group (OIO) Form 3 indicate insider buying or selling activity?
The Form 3 does not indicate insider buying or selling. It records existing indirect holdings of OIO Group Ordinary Shares through two entities associated with Mr. Choi and serves as an initial statement of beneficial ownership rather than a record of transactions.