PACIFIC LEGEND (08547) announced that on November 18, 2025 (after trading hours), the company entered into a subscription agreement with subscribers. Under the agreement, the company conditionally agreed to allot and issue a total of 17.1 million subscription shares at HK$0.17 per share.

The subscription price of HK$0.17 per share represents a discount of approximately 13.27% compared to the closing price of HK$0.196 per share on the Hong Kong Stock Exchange on the date of the agreement.

The subscription shares account for 4.17% of the company's existing issued share capital as of the announcement date and approximately 4.00% of the enlarged issued share capital upon completion of the subscription (assuming no changes to the issued share capital from the announcement date until completion).

The gross proceeds from the subscription are expected to be approximately HK$2.9 million. The board intends to use the entire net proceeds for the group's general working capital purposes.