Brief: Digital Domain signs subscription and placing agreements

Digital Domain Holdings

03/10/2016 15:56

Oct 3 (Reuters) - Digital Domain Holdings Ltd  0547.HK   
    * Net proceeds from subscription and placing will be 
approximately hk$306.63 million 
    * Entered into placing agreement with placing agent in 
relation to placing of placing shares 
    * Pursuant to placing agreement, co conditionally agreed to 
place, through placing agent, on a best effort basis, 380mln 
placing shares 
    * Company entered into subscription agreement with 
subscriber in relation to subscription 
    * Company has agreed to allot and issue aggregate of 181.82 
million shares at subscription price of hk$0.55 per subscription 
share 
    * Subscriber is Munsun VR Fund Lp; placing agent is Head & 
Shoulders Securities Limited 
 
Source text for Eikon:  ID:nHKS1vGHpW  
Further company coverage:  0547.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))