Announcement Details/Table Section :
The Board of Directors of XDL wishes to announce that the Company had received notification from Mr Ding PengPeng, the Managing Director/ Chief Executive Director in relation to his dealing in the securities of the Company on the acceptance of entitlements of rights issue of warrants and excess rights warrants application outside closed period, as per Table 1 below.
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No. of Warrants Accepted
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No. of Excess Warrants Application#
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% of Warrants Accepted*
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% of Excess Warrants Applied*
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121,300,000
(Indirect)^
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10,000,000
(Indirect)^
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50.12
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4.13
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# Further announcement will be made upon the outcome of the excess shares allotted.
* Computed as a percentage of total right warrants under the Rights Issue.
^ Deemed interested by virtue of his interest in HongPeng International Holdings Limited.
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