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The latest update is out from Birmingham Sports Holdings Limited ( (HK:2309) ).
ZO Future Group, a company incorporated in the Cayman Islands, announced the completion of a connected transaction involving the subscription and issuance of the second tranche of subscription shares under a specific mandate. On June 10, 2025, 37,634,408 shares were allotted and issued at a subscription price of HK$1.86 per share, representing approximately 4.08% of the company’s issued share capital post-completion. This transaction has adjusted the shareholding structure, increasing the Subscriber’s stake from 26.62% to 29.62%, while public shareholders’ stake decreased from 33.97% to 32.59%.
More about Birmingham Sports Holdings Limited
Average Trading Volume: 2,656,541
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.27B
For detailed information about 2309 stock, go to TipRanks’ Stock Analysis page.