DL Holdings buys more shares for restricted award scheme
DL Holdings Group Limited announced that the trustee of its 2025 Restricted Share Award Scheme purchased 7,200,000 shares from the market on October 22, 2025. These shares, bought at an average price of approximately HK$2.77 per share for a total of approximately HK$19,955,400 (excluding related expenses), will be held in trust for the benefit of selected participants. This latest acquisition represents approximately 0.43% of the existing total number of shares in issue (excluding treasury shares).
Since the scheme's adoption on June 2, 2025, the company has acquired an aggregate of 28,160,000 shares at an average purchase price of approximately HK$3.09 per share. The company's target for the award pool is 30,000,000 shares, which will be distributed and vested based on individual performance and scheme rules.
The board will continue to evaluate and determine the number of shares to be awarded and any further market purchases as deemed appropriate, in accordance with the scheme's terms. This initiative underscores DL Holdings' strategy to align employee incentives with long-term shareholder value.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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