MONTREAL, April 3, 2017 /CNW Telbec/ - On March 30, 2017, Discovery Key Investments Limited ("DKI"), a company wholly owned by Mr. Tang Hao, acquired 9,105,500 common shares (the "Common Shares") in the share capital of Amaya Inc. (the "Issuer") on the secondary market at a price of $22.40 per share (the "Transaction"), representing an aggregate price of $203,963,200 and an acquisition of approximately 6.25% of the issued and outstanding Common Shares on closing of the Transaction.
Prior to completion of the Transaction, Mr. Hao had indirect beneficial ownership of 7,200,000 Common Shares, which he held through DKI, representing approximately 4.94% of the issued and outstanding Common Shares. As a result of the Transaction, Mr. Hao has indirect beneficial ownership of 16,305,500 Common Shares, representing approximately 11.19% of the issued and outstanding Common Shares on closing of the Transaction.
Mr. Hao indirectly acquired the Common Shares for investment purposes. Depending upon the circumstances, Mr. Hao 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.
Further information or a copy of the early warning report may be obtained by contacting:
SOURCE Mr. Tang Hao
For further information: Tang Hao, 18/F Three Exchange Square, Connaught Place, Central, Hong Kong, Tel: 852-3719-9350