DEEP SOURCE (00990) Shareholder Transfers Shares from UBS Securities to UOB Kay Hian, Portfolio Valued at HK$446 Million

Stock News
Feb 12

According to the latest data from the Hong Kong Stock Exchange, on February 11, a shareholder of DEEP SOURCE (00990) transferred shares from UBS Securities Hong Kong Limited to UOB Kay Hian (Hong Kong). The value of the transferred portfolio was HK$446 million, representing 3.71% of the shares.

Previously, DEEP SOURCE announced that on December 18, 2025, the company entered into a subscription agreement with no fewer than six subscribers. Under the agreement, the subscribers agreed to subscribe for, and the company agreed to allot and issue, a total of 515 million new shares at a subscription price, subject to the terms and conditions of the subscription agreement. The subscription price was HK$0.69 per share, representing a discount of approximately 1.4% compared to the closing price of HK$0.70 per share on the Hong Kong Stock Exchange on December 18, 2025, which was the date of the subscription agreement.

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