Damai Ent issues 100.89 million new shares for Share Award Scheme, expanding share capital by 0.34%

Bulletin Express
Apr 01

Damai Entertainment Holdings Limited (Damai Ent) disclosed that on 1 April 2026 it allotted 100.89 million new ordinary shares at HKD 0.25 each to its Share Award Scheme trustee. The new shares will be used to satisfy previously granted share awards dating from June and September 2025.

• Breakdown of allotment – 13.00 million shares to two executive directors – 12.34 million shares to five employees who are directors or managers of subsidiaries – 71.07 million shares to 66 non-connected grantees – 4.48 million shares to seven selected employees

• Capital impact – Issued share count rose from 29.88 billion to 29.98 billion shares. – The increase represents approximately 0.34% of the company’s pre-issue share capital.

• Pricing – All shares were issued at HKD 0.25, implying an aggregate value of about HKD 25.22 million.

There were no repurchases, redemptions or sales of treasury shares reported. The board confirms that the issuances complied with all applicable regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10