MINIEYE (02431): The end of the stable pricing period, excess rights issue partially exercised

MINIEYE (02431) announced that the oversubscription rights as stated in the prospectus have been partially exercised by the overall coordinator (on behalf of itself and the international underwriters) on January 19, 2025 (Sunday), involving a total of 756,400 H shares, equivalent to approximately 1.93% of the total number of offer shares preliminarily available for subscription under the global offering before the exercise of oversubscription rights. The oversubscribed shares will be issued and allotted by the company at a price of HK$17.00 per H share. The oversubscribed shares will be used to facilitate the delivery of a portion of H shares to subscribers who have agreed to a delayed delivery of their subscribed H shares under the global offering. In accordance with Rule 9(2) of the Securities and Futures (Price Stabilization) Rules under Chapter 571W of the Hong Kong Laws, the company further announces that the stabilizing period for the global offering will end on January 19, 2025 (Sunday) (i.e. the 30th day after the deadline for submission of the Hong Kong public offering application).