A8 New Media Group Limited (HK:0800) has released an update.
A8 New Media Group Limited has announced that 1,350,000 Share Options were exercised at various prices, resulting in the issuance of the same number of new shares. The action comes following a proposal for the company’s privatization by LuxOrigo Investment Limited, as previously detailed in a joint announcement. All associates of both the company and the offeror are reminded to disclose their dealings during the offer period as per the Takeovers Code.
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