DL Holdings increases EEKA Fashion stake, repays loan

DL Holdings Group Limited (DLH) has completed its subscription of new shares in EEKA Fashion Holdings Limited (EEKA), increasing its interest to 4,950,000 EEKA shares, representing approximately 0.7% of the enlarged issued share capital. This completion on October 15, 2025, follows the fulfillment of conditions precedent under a Strategic Cooperation and Investment Agreement. EEKA intends to use the net proceeds of approximately HK$29.6m from this subscription entirely to repay a loan facility due in December 2025.

Concurrently, DL Holdings Group announced further share purchases under its 2025 Restricted Share Award Scheme. On October 15, 2025, the scheme's trustee purchased 3,283,000 DLH shares from the market at an average price of approximately HK$3.12 per share, totaling approximately HK$10,259,130. This brings the aggregate shares purchased under the scheme since its adoption on June 2, 2025, to 20,960,000 shares, targeting an award pool of 30,000,000 shares for selected participants.