Imperium Technology Group Limited Completes Placing of 141.54 Million Shares, Reducing Controlling Shareholder's Stake

Reuters
30 May
Imperium Technology Group Limited Completes Placing of 141.54 Million Shares, Reducing Controlling Shareholder's Stake

Imperium Technology Group Limited has announced the completion of a placing of existing shares by a controlling shareholder. A total of 141,540,000 shares, which account for approximately 37.92% of the company's existing issued share capital, were placed through the Placing Agent to various investors at a price of HK$0.65 per share. This placement generated a total of HK$92,001,000. Following the completion of the placement, the controlling shareholder, referred to as the Vendor, retains 72,888,488 shares, representing around 19.53% of the company's issued share capital, and continues to be a controlling shareholder. Shareholders and public investors are advised to exercise caution when dealing with the company's shares.

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