A8 New Media Group Limited (HK:0800) has released an update.
A8 New Media Group Limited has announced the exercise of 3,470,000 Share Options under their existing schemes, following a proposal for privatization by LuxOrigo Investment Limited. The company’s total issued shares now stand at 2,783,140,628, with 22,928,408 remaining vested Share Options available. Associates of the company and the offeror are reminded to disclose any dealings in the relevant securities during the offer period as per the Takeovers Code.
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