NEW SPARKLEROLL (00970) Shareholder Deposits Shares into Standard Chartered Bank (Hong Kong), Valued at HK$43.68 Million

Stock News
Apr 09

Latest data from the Hong Kong Stock Exchange shows that on April 8, a shareholder of NEW SPARKLEROLL (00970) deposited shares into Standard Chartered Bank (Hong Kong). The deposited shares have a market value of HK$43.68 million, representing 13.76% of the company's issued share capital. The company announced that all conditions precedent under the respective subscription agreements have been fulfilled, and the completion took place on February 24, 2026, in accordance with the terms of those agreements. The subscribers were issued a total of 112.6 million subscription shares, equivalent to approximately 16.67% of the issued share capital immediately following the completion, at a subscription price of HK$0.380 per share. The net proceeds from these subscription matters amounted to approximately HK$41.67 million.

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