RIMAG GROUP (02522) announced that according to the terms of the placement agreement, all conditions set forth in the placement agreement have been fulfilled and completion took place on August 28, 2025. The placing agent has successfully placed an aggregate of 35 million placing shares to not fewer than six placees at a placing price of HK$16.76 per placing share in accordance with the terms and conditions of the placement agreement.
This represents approximately (i) 13.55% of the number of issued H shares (excluding treasury shares) and 9.58% of the number of issued shares (excluding treasury shares) immediately prior to completion; and (ii) 11.93% of the number of issued H shares (excluding treasury shares) and 8.75% of the number of issued shares (excluding treasury shares) as enlarged by the allotment and issue of the placing shares.