New Share Announcement | Nanfang Black Sesame Group's Intelligent (02533) priced at 28 Hong Kong dollars per share Public offering was oversubscribed by 2.52 times.

Nanfang Black Sesame Group (02533) announced the results of its placement. The company globally offered 37 million shares, with 5% of the shares sold in the Hong Kong public offering and 95% in the international offering. The final offer price was HK$28 per share, raising around HK$951 million. Trading of the shares is expected to begin on the Hong Kong Stock Exchange on Thursday, August 8, 2024, at 9 am. In the Hong Kong public offering, the subscription was 2.52 times oversubscribed, while in the international offering, it was 1.05 times oversubscribed.