DL Holdings reaches initial target for restricted share award pool

DL Holdings Group Limited announced that the trustee of its 2025 Restricted Share Award Scheme (the "Scheme") purchased 1,930,000 shares on October 23, 2025. These shares were acquired from the market at an average price of HK$2.66 per share, totaling approximately HK$5,143,450. This recent purchase represents approximately 0.11% of the company's existing total shares in issue (excluding treasury shares).

With this latest acquisition, DL Holdings has now purchased an aggregate of 30,090,000 shares from the market since the Scheme's adoption on June 2, 2025. The overall average purchase price for these shares is approximately HK$3.07 per share. This achievement signifies that the company has met its initial target award pool of approximately 30,000,000 shares, as previously disclosed on September 22, 2025. These shares are intended for distribution and vesting to selected participants based on individual performance and the Scheme's rules.

The board of DL Holdings Group Limited, led by chairman and chief executive officer Chen Ningdi, stated that it might consider expanding the target award pool in the future. The board will periodically review and determine the appropriate number of shares to be awarded, the size of the award pool, and any further market purchases as deemed necessary, in accordance with the Scheme's terms.