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ANE (Cayman) Inc. ( (HK:9956) ) has provided an update.
ANE (Cayman) Inc. and Celestia BidCo Limited have announced a decision not to increase the Share Alternative Cap as part of a proposal for the delisting of ANE (Cayman) Inc. This decision, which maintains the cap at 58,806,553 Scheme Shares, is part of a broader scheme of arrangement under Section 86 of the Companies Act, involving the cancellation of all outstanding share options and RSUs, and the proposed withdrawal of listing. The announcement indicates that further updates will be provided to stakeholders as the proposal progresses.
The most recent analyst rating on (HK:9956) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on ANE (Cayman) Inc. stock, see the HK:9956 Stock Forecast page.
More about ANE (Cayman) Inc.
Average Trading Volume: 8,814,029
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.87B
See more insights into 9956 stock on TipRanks’ Stock Analysis page.