HP LIVING TECH(01682): The offeror has received valid acceptance for a total of 327 million shares under the offer.

date
24/09/2024
avatar
GMT Eight
Hangpin Life Technology (01682) and the offeror Jiaoyang International Limited jointly announced that the offer has been extended until September 2024...
HP LIVING TECH (01682) and the offeror Jiaoyang International Limited jointly announced that the offer had closed at 4:00 pm on September 24, 2024 (Tuesday), and the offeror did not make any further revisions or extensions. At 4:00 pm on September 24, 2024 (Tuesday), the offeror received valid acceptances for a total of 327 million shares under the share offer, representing approximately 41.63% of the total issued share capital of the company as of the date of the joint announcement; and valid acceptances for a total of 5.192 million share options under the option offer, representing approximately 25% of the options. Following the closure of the offer, taking into account the accepted shares, the offeror and persons acting in concert with it collectively hold interests in a total of 431 million shares, representing approximately 54.86% of the total issued share capital of the company as of the date of the joint announcement.