DL Holdings: Shareholders transfer shares, implement new incentive schemes

DL Holdings Group announced that its controlling shareholder, Mr. Chen, together with DA Wolf and Rapid Raise, will collectively transfer 60,000,000 shares to 3 directors and 13 senior management and employees by October 2025. This transfer represents approximately 3.56% of the company's total issued share capital (excluding treasury shares) for a nominal consideration of HK$1.00 in aggregate per transfer. Concurrently, Mr. Chen, DA Wolf, and Rapid Raise will adopt the DSM Share Award Scheme, with Mr. Chen intending to transfer 30,000,000 shares as an initial contribution to a trustee for this scheme.

Additionally, DL Holdings Group plans to implement the 2025 Restricted Share Award Scheme, targeting an award pool of 30,000,000 shares to be purchased and distributed. In a show of confidence, Mr. Chen and Ms. Jiang, his spouse, have voluntarily undertaken not to transfer or dispose of any shares held by them for a 12-month period from September 22, 2025, excluding transfers related to the aforementioned schemes.

These initiatives collectively award an aggregate of 120,000,000 shares for incentive purposes, aiming to reward past contributions, provide long-term incentives, and foster alignment between the company, management, employees, and shareholders.