New stock announcement | TYK MEDICINES-B (02410) priced at HK$12.1 per share, oversubscribed 2.29 times in public offering.

TYK MEDICINES-B (02410) announced the distribution results, with a global offering of 47.88 million shares, of which 10% are allocated for public offering in Hong Kong and 90% for international offering. The final offering price is HK$12.1 per share, raising a net amount of approximately HK$506 million globally. Each board lot consists of 500 shares, and the shares are expected to commence trading on the Hong Kong Stock Exchange on Tuesday, August 20, 2024, at 9:00 am. The public offering in Hong Kong was oversubscribed by 2.29 times, while the international offering was oversubscribed by 1.01 times.