Summary by Futu AI
Accor Holdings Limited (“Accor Holdings”) announced that it completed on February 6, 2024 a subscription transaction for new shares under a general mandate. THE COMPANY HAS ALLOCATED AND ISSUED 61,720,000 NEW SHARES TO AN INDEPENDENT THIRD PARTY SUBSCRIBER, REPRESENTING APPROXIMATELY 6.25% OF THE COMPANY'S ISSUED SHARE CAPITAL UPON COMPLETION. The net proceeds from this subscription will be approximately HK$12.24 million and will be used to repay a portion of the Group's existing debt and the balance will be used for general working capital and/or business investment opportunities. Following the completion of the subscription, Casado Co., Limited and Xu Xiaodong's shareholding ratio decreased from 29.49% to 27.64% and from 14.90% to 13.97% respectively, and the shareholding ratio of public shareholders decreased from 54.90% to 51.47%.