Brief: Digital Domain Holdings entered into subscription agreement with Paul E. Jacobs Trust

Digital Domain Holdings

18/10/2016 13:46

Oct 18 (Reuters) -    Digital Domain Holdings Ltd 
 0547.HK : 
    * Digital domain - pursuant to agreement, co agreed to allot 
and issue  70 million shares to subscriber at subscription price 
of hk$0.55 per subscription share 
    * Digital domain holdings ltd- company entered into 
subscription agreement with subscriber in relation to 
subscription 
    * Digital domain holdings ltd- subscriber being paul e. 
Jacobs trust 
    * Digital domain holdings ltd- gross proceeds and net 
proceeds from subscription will be hk$38.5 million and 
approximately hk$38.4 million respectively 
    * Digital domain holdings ltd- proceeds intended to be 
applied towards media entertainment segment and as general 
working capital purposes of group 
 
 
     
    Source text for Eikon:  ID:nHKS67d3Yt  
    Further company coverage:  0547.HK  
 
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