A8 New Media Group Limited (HK:0800) has released an update.
A8 New Media Group Limited has announced that 500,000 Share Options were exercised at varying prices as part of their Share Option Schemes, resulting in the issuance of new shares and affecting the total number of relevant securities in the company. This update follows a series of announcements related to a privatisation proposal by LuxOrigo Investment Limited. Associates of the offeror and offeree are reminded of their obligation to disclose any dealings during the offer period as per the Takeovers Code.
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