THELLOY DEV (01546): Offeror Receives Valid Acceptance for 457,000 Offer Shares

Stock News
Apr 10

THELLOY DEV (01546) and the offeror, World Nexus Holdings Limited, have jointly announced that as of 4:00 p.m. on Friday, April 10, 2026, the final deadline for accepting the offer as stated in the composite document, the offeror has received valid acceptances for a total of 457,000 offer shares. This represents approximately 0.06% of the company's total issued share capital as of the date of this joint announcement.

Based on an offer price of HK$0.19 per share and the valid acceptances for 457,000 offer shares, the total cash consideration payable to independent shareholders who accepted the offer amounts to approximately HK$86,830.

Following the completion of the offer and prior to the commencement of the acceptance period on March 20, 2026, the offeror and parties acting in concert with it collectively held 500.8 million sale shares, representing 62.6% of the company's total issued shares.

Subsequent to the close of the offer, and taking into account the 457,000 offer shares accepted as mentioned above, pending formal registration of the transfer of these shares by the registrar, the offeror and its concert parties will have an interest in 501 million shares. This constitutes approximately 62.7% of the company's total issued share capital as of the date of this joint announcement.

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