Hao Tang Files Early Warning Report

MONTREAL, July 20, 2017 /CNW Telbec/ - Since the press release issued on July 6, 2017, Mr. Hao Tang has indirectly acquired additional common shares ("Common Shares") in the share capital of Amaya Inc. (the "Issuer"), as follows:

 

Date of
Acquisition

Number
of Shares
Acquired

Purchase
Price per
Share (CAD)

Aggregate
Purchase
Price (CAD)

July 6

153,100

$22.2000

$3,398,820

July 10

400,000

$22.2250

$8,890,000

July 11

380,000

$22.2274

$8,446,412

July 12

420,000

$22.2584

$9,348,528

July 13

400,000

$22.1658

$8,866,320

July 14

400,000

$22.0746

$8,829,840

July 17

400,000

$21.9634

$8,785,360

July 18

400,000

$21.8085

$8,723,400

July 19

189,400

$21.9589

$4,159,016

Total

3,142,500


$69,447,696

 

The Common Shares acquired in the series of transactions set forth above (the "Transactions") represent a total of approximately 2.15% of the Issuer's issued and outstanding Common Shares as of the date of the final Transaction.

Prior to completion of the Transactions, Mr. Tang had indirect beneficial ownership of 20,582,400 Common Shares, which he held through Discovery Key Investments Limited and Uptrend Trade Limited (both wholly owned by Mr. Tang), representing approximately 14.05% of the issued and outstanding Common Shares. As a result of the Transactions, Mr. Tang has indirect beneficial ownership of 23,724,900 Common Shares, representing approximately 16.19% of the issued and outstanding Common Shares on closing of the final Transaction.

Mr. Tang indirectly acquired the additional Common Shares for investment purposes. Depending upon the circumstances, Mr. Tang may, from time to time, acquire additional securities of the Issuer or dispose of all or a portion of the securities of the Issuer previously acquired.

An early warning report containing additional information with respect to the foregoing matters will be filed under the Issuer's SEDAR profile at www.sedar.com.

 

SOURCE Mr. Hao Tang

For further information: A copy of the early warning report may be obtained by contacting: Hao Tang, 18/F Three Exchange Square, Connaught Place, Central, Hong Kong, Tel: 852-3719-9350


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