Wykeham Capital Limited (Wykeham) reduced their stake in HK-listed One Media Group Limited (One Media Group). According to a filing submitted to the Hong Kong Stock Exchange on March 22nd, 2018, the firm sold 5,734,000 shares on the exchange at an average price of HKD 1.5394 per share on March 19th (total consideration was ~US$1.125m). Following the sale, Wykeham’s stake in the company decreased from 5.89% to 4.46% of the company’s shares outstanding.

One Media Group is a Hong Kong-based investment holding company engaged in print, digital and outdoor media businesses in Greater China. The group’s publications include Ming Pao Weekly, Ming’s and TopGear China. Other media investments include Connect Media Company Limited, Blackpaper Limited and ST Productions Limited.

Wykeham manages a value-oriented, long-biased investment fund. The firm was established in 2010 by Howel Thomas, who was previously with CLSA.