Ocean Group (01991) intends to issue 28.66 million shares at a premium of approximately 90.48%, raising around 34.39 million Hong Kong dollars.

The Great Ocean Group (01991) announced that on July 3, 2025, the company plans to issue a total of 28.66 million shares to subscribers (Liu Dewei, Liu Binghan, Xie Hao, Hu Jiong, Lin Yuan), equivalent to approximately 16.66% of the company's issued shares after the issuance. The subscription price for each share is 1.20 Hong Kong dollars, representing a premium of approximately 90.48% over the closing price of 0.630 Hong Kong dollars on July 3. The net proceeds are expected to be approximately 34.39 million Hong Kong dollars. The net proceeds are intended to be used for the group's general operating capital to support the further development of the group's business, including but not limited to its digital marketing business.