HATCHER GROUP (08365) Plans to Issue 9.48 Million Subscription Shares via Placing First Then Subscription at ~34.07% Discount with Net Proceeds of ~HK$11.276 Million

Stock News
09/16

HATCHER GROUP (08365) announced that on September 16, 2025, the company, its controlling shareholder, and the buyers (six individual investors) entered into a sale and subscription agreement. Under the agreement, the controlling shareholder will sell 9.48 million sale shares to the buyers, representing approximately 5.54% of the company's issued share capital as of the announcement date, for a total cash consideration of HK$11.376 million (HK$1.2 per sale share). Subsequently, the company will issue 9.48 million subscription shares to the controlling shareholder at a subscription price of HK$1.2 per new share, representing a discount of approximately 34.07% to the closing price of HK$1.82 per share quoted on the Stock Exchange on that day. The net proceeds from the subscription of approximately HK$11.276 million are intended to be used for general corporate purposes.

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