PROSP GP INTL (01421) announced that the placement was completed on January 28, 2026, in accordance with the terms and conditions of the placement agreement, whereby the placing agent successfully placed a total of 33.365 million placing shares, representing approximately 20.00% of the company's issued share capital immediately prior to the placement; and approximately 16.67% of the company's issued share capital as enlarged by the issuance of the 33.365 million placing shares as of the date of this announcement. The 33.365 million placing shares were successfully placed to no fewer than six placees at the placing price of HK$0.34 per share, with none of the placees becoming a major shareholder of the company (as defined in the Listing Rules) upon completion of the placement. The gross proceeds from the placement amounted to approximately HK$11.34 million, while the net proceeds, after deducting placing commissions and other related expenses, were approximately HK$10.54 million. The net proceeds from the placement will be used entirely as general working capital for the group.