DL HOLDINGS GP has completed a placement of a total of 255 million shares through a "first old, then new" arrangement

Zhitong
2025.11.03 11:09
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DL HOLDINGS GP completed the placement on October 23, 2025, successfully placing 255 million shares at a price of HKD 3.05 per share. All subscription conditions have been met, and it is expected that shares will be issued to the seller on November 3, 2025, in accordance with the agreement

According to the announcement from DL HOLDINGS GP (01709), the company completed the placement on October 23, 2025, in accordance with the terms and conditions of the placement and subscription agreement. The placement agent successfully placed a total of 255 million placement shares, making efforts to ensure that no less than six subscribers purchased the placement shares at a placement price of HKD 3.05 per share.

All conditions for the completion of the old shares first and new shares subscription have been met. Therefore, on November 3, 2025, the company will issue and allot 255 million old shares first and new shares at a price of HKD 3.05 per share to the seller in accordance with the terms and conditions of the placement and subscription agreement