tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ZO Future Group Completes Second Tranche Share Subscription

Story Highlights
ZO Future Group Completes Second Tranche Share Subscription

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1