E&P Global (1142) Extends Placing Period and Adjusts Closing Date

Bulletin Express
02/20

E&P Global Holdings Limited (the “Company”) announced a further extension to the placing period for new shares under its general mandate. The Company and the placing agent entered into a 4th Supplemental Agreement on 20 February 2026, extending the placing deadline from 20 February 2026 to on or before 13 March 2026. The extension reflects the need for additional time to secure potential investors.

The placing price remains set at HK$0.34 per share. This figure represents a premium of approximately 163.57% over the HK$0.129 closing price recorded on the date of the 4th Supplemental Agreement. It also reflects a premium of about 162.35% compared to the five-day average closing price of approximately HK$0.130 leading up to that same date.

The completion of the placing remains subject to specific conditions precedent and the placing agent’s termination rights, meaning the transaction may or may not proceed. Shareholders and investors are advised to exercise caution when dealing in the Company’s securities.

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