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BRIEF-Digital Domain signs subscription and placing agreements
October 3, 2016 / 3:17 PM / in a year

BRIEF-Digital Domain signs subscription and placing agreements

Oct 3 (Reuters) - Digital Domain Holdings Ltd

* 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: Further company coverage:

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