INSILICO (03696): Fully exercise the over-allotment option

date
22:26 16/01/2026
avatar
GMT Eight
(03696) announced that the sponsoring and overall coordinator (acting on behalf of itself and representing international underwriters) has fully exercised the excess share subscription rights as described in the prospectus on January 16, 2026, involving a total of 14.2035 million shares, accounting for approximately 15% of the initial total number of shares available for subscription under the global offering (before exercising the excess share subscription rights).
INSILICO (03696) announced that the sponsor and overall coordinator (on behalf of itself and the international underwriters) has fully exercised the oversubscription rights as set out in the prospectus on January 16, 2026, involving a total of 14.2035 million shares, representing approximately 15% of the total number of shares available for subscription under the global offering (before exercising the oversubscription rights). The oversubscribed shares will be issued and distributed by the company at a price of HK$24.05 per share. The oversubscribed shares will be used to facilitate the return of the 14.2035 million borrowed shares under the stock lending agreement dated December 24, 2025 between Mr. Aleksandrs Zavoronkovs and MORGAN STANLEY & CO INTERNATIONAL PLC, used to supplement the oversubscription in the international offering.