Winking Studios to Issue 1.57 Million New Incentive Shares

MT Newswires10-26 13:29

Winking Studios (SGX:WKS) plans to issue 1.57 million new incentive shares to key management personnel in 2026, valued at around SG$520,000, following its acquisition of Shanghai Mineloader Digital Technology, according to a Friday filing to the Singapore stock exchange.

The company will issue around 1.6 million shares at around 0.1997 pound sterling each, equivalent to approximately SG$0.331 per share, under incentive agreements linked to the acquisition of the Chinese game development company.

Winking Studios completed the Mineloader acquisition on April 1, 2025.

Winking Studios received in-principle approval from the Singapore Exchange on Oct. 22 for the listing and quotation of the incentive shares, and they are expected to start trading on the SGX Catalist around Oct. 28.

Following admission, total voting rights will amount to 441.03 million.

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