Minerva Group Announces Full Placement of 990.9 Million Unsubscribed Rights Shares
Stock News
Jul 29
Minerva Group (00397) has announced that all 990.9 million unsubscribed rights shares have been successfully placed.
As of 4:00 p.m. on Friday, July 17, 2026, which was the final deadline for the placing agent to place the unsubscribed rights shares, all shares were placed to 13 independent placees at a price of HK$0.038 per share.
This price matches the subscription price under the rights issue. Consequently, no net proceeds will be distributed to non-accepting shareholders under the compensation arrangement.
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