AKESO (09926) Completes Placement of New Shares and Existing Shares Under General Mandate

Stock News
Sep 04

AKESO (09926) announced that all conditions under the primary placement agreement have been fulfilled, with the completion of the primary placement taking effect on September 4, 2025. Under the terms and conditions of the primary placement agreement, a total of 23.55 million primary placement shares have been placed by the placing agent at a placing price of HK$149.54 per primary placement share to not fewer than six placees, representing approximately 2.56% of the company's enlarged issued share capital immediately following the completion of the primary placement after the allotment and issue of the placement shares. The board of directors has been informed by Dr. Xia Yu and Dr. Li Baiyong (as vendors) that the secondary placement was completed on September 1, 2025. The placing agent successfully procured purchasers to acquire a total of 3 million existing shares (being the secondary placement shares) at the placing price of HK$149.54 per share under the terms and conditions set out in the secondary placement agreement.

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