DL Holdings provides additional details on DL Digital Family Office transaction

DL Holdings Group Limited (HKEX: 1709) has released a supplemental announcement concerning its share transfer and ESOP share contribution in DL Digital Family Office. The company defends the transfer based on comparable company valuations and strategic benefits, noting that the implied valuation of DLDFO Group would be higher than comparable companies. The total consideration for the share transfer of 28% of shares represents a premium over both the implied value based on the previous funding round and the consolidated net asset value of the 53% shares disposed. It estimates an unaudited accounting gain of approximately HK$131.9 million from the Share Transfer and ESOP Share Contribution. The company underscores the strategic importance of the moves for long-term value creation and talent retention, with the ultimate goal of a DLDFO Group initial public offering targeting a minimum valuation of USD100 million.