The Zhitong Finance App learned that Boleyton (01333) rose more than 5% in the intraday period. As of press release, it had risen 5.5% to HK$13.61, with a turnover of HK$16.922 million.
According to the news, Boleyton announced that on October 13, 2026, the company entered into a placement agreement with the placement agent. The placement agent agreed to act as the company's agent to induce a total of no less than six undertakers to subscribe for up to 183.16,200 new H shares in accordance with the terms contained in the placement agreement and subject to its conditions. The placement price was HK$12.06 per H share. Assuming that all of the placed shares are fully placed, the total proceeds from the placement and the net proceeds (after deducting commissions and estimated expenses) are estimated to be approximately HK$220.9 million and approximately HK$199 million, respectively.
The Board of Directors believes that the placement is a continuation of the Group's strategy to develop its overseas optical storage microgrid business. Since November 2025, the Company has carried out equity financing in stages after considering the development of its overseas optical storage business, the anticipated capital expenditure requirements of its projects, and the timing of capital requirements (including capital requirements that may arise from overseas projects other than those that have previously been funded). Phased financing allows the Group to match the timing and amount of capital raised at different stages of business development, while maintaining financial flexibility and reducing reliance on additional debt financing.