Hong Kong, 28 July 2026—Simplicity Holding Limited announced the successful completion of its share placement, issuing 13.80 million new shares on 28 July 2026 under its existing general mandate.

All conditions precedent outlined in both the original Placing Agreement (8 July 2026) and the Supplemental Placing Agreement (9 July 2026) have been fully satisfied, enabling the transaction to close as scheduled.

The new shares were allotted to no fewer than six independent placees at the agreed placing price, thereby expanding the company’s issued share capital and enhancing its shareholder base.

Corporate governance remains unchanged following the transaction. The Board continues to comprise Executive Directors Choi Pun Lap, Leung Wai Tai and Zhang Qifeng, alongside Independent Non-Executive Directors Lo Cheuk Fei Jeffrey, Cheung Hiu Fung and Ip Sin Nam.

The announcement meets all disclosure requirements under the GEM Listing Rules and is available on the HKEX and company websites for at least seven days from publication.