FDB Holdings Limited has disclosed the preliminary outcome of its 1-for-2 rights issue launched on 7 July 2026. By the 21 July subscription deadline, shareholders submitted one valid application covering 188.09 million Rights Shares, equal to 23.53% of the 799.20 million shares on offer.

As a result, 611.11 million Rights Shares (76.47% of the total offer) remain unsubscribed. In line with Listing Rule 7.21(1)(b) and the previously announced arrangements, these shares will be disposed of through a best-effort placing process managed by the appointed placing agent. The placing window remains open until 4:00 p.m. on 31 July 2026.

Key points of the compensatory arrangements: • Pricing: Unsubscribed Rights Shares will be placed at not less than the original subscription price. • Net Gain distribution: Any premium realised above the combined subscription price and placing expenses will be distributed, without interest, to (i) qualifying shareholders who did not fully take up their entitlements and (ii) shareholders who were non-qualifying on the record date. Amounts below HK$100 per entitlement holder will be retained by the company. • Scaling-down mechanism: Rights Shares not successfully placed will simply lapse, reducing the final size of the capital raise.

Management cautions investors that both the Rights Issue and the related placing remain subject to several conditions; failure to satisfy any of these conditions will result in the cancellation of the exercises. The company emphasizes that the offering is not underwritten and carries no minimum fund-raising threshold.

FDB Holdings intends to publish a further announcement on 5 August 2026 summarizing final placing results and the Net Gain per Unsubscribed Rights Share.