Zhitong Financial App News, Langham-SS (01270) announced that the Trust and the Company will issue 8.4835 million new share bookings to LHIL Assets on September 1, 2021 under special authority to pay hotel management fees and license fees payable to hotel managers during the six-month period ended June 30, 2021. The Trust and the Company have applied to the Stock Exchange for approval for the listing and trading of the share binding units to be issued to pay the administrator's fees for the six months ended 30 June 2021.

The number of manager fees paid by way of issuing share binding units during the six months ended 30 June 2021 is calculated by reference to the applicable price of HK $0.884 per share binding unit.

The share binding unit to be issued to pay the manager's fees for the six-month period ended June 30, 2021 is equivalent to approximately 0.2624% of the issued share binding unit at the date of this announcement; and about 0.2618% of the issued share binding unit which has been expanded after the share binding unit issued to pay the manager's fees.