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Lixun Precision (02475): Partial exercise of over-allotment rights, price stabilization actions, and end of price stabilization period
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Zhitong Finance App News, Lixun Precision (02475) issued an announcement. According to the current issuance plan, the over-allotment rights described in the company's prospectus were partially exercised by the overall coordinator (for himself and on behalf of the international underwriter) on August 5, 2026 (Wednesday), involving a total of 12,541,900 H shares (hereinafter referred to as “over-allotted shares”), accounting for about 3.27% of the total number of shares on sale available for subscription under the global offering (before any overallotment rights are exercised).

Over-allotted shares will be placed and issued at HK$63.28 per share (i.e. the offering price of each H share under the global offering, excluding 1.0% brokerage commission, 0.0027% Hong Kong Securities and Futures Commission transaction levy, 0.00565% Hong Kong Stock Exchange transaction fee, and 0.00015% Hong Kong Accounting and Financial Reporting Council transaction levy). Over-allotted shares will be delivered to undertakers who have agreed to delay delivery of the relevant H shares they have subscribed under the global offering.

Following partial exercise of the over-allotment rights mentioned above, the number of H shares listed in this offering increased from 383,472,800 shares to 396,014,700 shares. The Hong Kong Stock Exchange has approved the listing and trading of these over-allotted shares. It is expected that the listing and trading on the main board of the Hong Kong Stock Exchange will commence at 9:00 a.m. on August 10, 2026 (Monday).

The stable price period for the global sale in connection with this offering ended on August 5, 2026 (Wednesday) (that is, the 30th day after the deadline for submitting the Hong Kong Public Offer Application). Price stabilization actions taken by Goldman Sachs (Asia) Limited, its affiliates or any person acting on its behalf, the price stabilization operator during the price stabilization period are as follows:

1. A total of 57,520,900 H shares were overallocated in the international offering, accounting for about 15% of the total number of shares offered for subscription under the global offering (before any overallotment rights were exercised);

2. During the price stabilization period, a total of 44,979,000 H shares were purchased on the market at a price between HK$50.95 and HK$63.25 per H share (excluding 1.0% brokerage commission, 0.0027% Hong Kong Securities and Futures Commission transaction levy, 0.00565% Hong Kong Stock Exchange transaction fee, and 0.00015% Hong Kong Accounting and Financial Reporting Council transaction levy), accounting for about 11.73% of the total number of shares on sale available for subscription under the global offering (before any overallotment rights were exercised). The last purchase made by the stable price operator, its affiliate or any person acting on its behalf during the price stabilization period was HK$55.70 per H share (Friday), at a price of HK$55.70 per H share (excluding 1.0% brokerage commission, 0.0027% Hong Kong Securities and Futures Commission transaction levy, 0.00565% Hong Kong Stock Exchange transaction fee, and 0.00015% Hong Kong Accounting and Financial Reporting Council transaction levy);

3. The overall coordinator (for himself and on behalf of the international underwriter) partially exercised the over-allocation right on August 5, 2026 (Wednesday) at the price of HK$63.28 per H share (that is, the sale price of each H share under the global offering, excluding 1.0% brokerage commission, 0.0027% Hong Kong Securities and Futures Commission transaction levy, 0.00565% Hong Kong Stock Exchange transaction fee, and 0.00015% Hong Kong Accounting and Financial Reporting Authority transaction levy), involving a total of 12,541,900 H shares, accounting for a total of 12,541,900 H shares under the global offering The ratio of the total number of shares purchased (before any overallotment rights are exercised) is approximately 3.27% to facilitate delivery of some H shares to undertakers who have agreed to delay delivery of the relevant H shares they have subscribed under the global offering.

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