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百乐皇宫(02536.HK)超额配股权获部分行使 稳定价格行动及稳定价格期间结束

Paragon (02536.HK)'s over-allotment rights were partially exercised in price stabilization actions and the price stabilization period ended

Gelonghui Finance ·  Apr 22 06:22

Gelonghui, April 22丨Paragon (02536.HK) issued an announcement. On April 19, 2024, the prospectus and the over-allotment rights mentioned in the previous announcement were partially exercised by the exclusive overall coordinator (for himself and on behalf of the international underwriter), involving 10.99 million shares, accounting for about 7.69% of the total number of shares initially available for subscription and sale under the global offering before any overallotment rights were exercised, so that (among others) the shares borrowed to the shareholders to make up for the excess allocation of shares in the international offering. According to the partial exercise of the over-allotment rights, the company will issue and allocate 6.594 million new shares, while the selling shareholders will sell 4.396 million shares. The Company will issue and allocate new shares under the over-allotted amount at HK$2.60 per share sold (that is the sale price of each share offered under the global offering). The price stability period for the global offering ended on April 20, 2024 (Saturday) (that is, the 30th day after the deadline for submitting applications for the Hong Kong Public Sale).

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