LANGHAM-SS (01270): Completed the payment of hotel management fees and licensing fees with the first batch of equity shares and cash.

LANGHAM-SS (01270) announces that 1059.45 million units of the first batch of shares issued for the management fees for the 6-month period ending on December 31, 2024 have been approved for listing and trading on the Hong Kong Stock Exchange. On February 28, 2025, these units have been distributed and issued to LHIL Asset, with approximately HK$598.6 million in cash already paid to the hotel management.