CR BEVERAGE (02460): Partial exercise of the excess rights issue involving 50.37 million shares.

CR BEVERAGE (02460) announced that the overall coordinator (for itself and on behalf of international underwriters) will partially exercise the oversubscription rights as stated in the prospectus on November 12, 2024, involving a total of 50.37 million shares, accounting for approximately 14.48% of the total number of shares available for subscription under the preliminary global offering before the exercise of oversubscription rights. The oversubscribed shares will be issued and distributed by the company at a price of HK$14.50 per share. The oversubscribed shares will be used to facilitate the return of a portion of the 52.17 million borrowed shares from China Resources Group (Beverages) Co., Ltd. under the stock borrowing agreement to supplement the oversubscribed allocation for the international offering.