JNBY (03306) completed the issuance of a total of 14.535 million shares for private placement.

date
16:49 30/01/2026
avatar
GMT Eight
Jiangnan Fabric (03306) announced that all conditions stipulated in the placing agreement dated January 23, 2026 have been fulfilled and the placing matters were completed on January 30, 2026 in accordance with the terms and conditions of the placing agreement. To the best of the company's knowledge, it is not expected that any placing participant and their ultimate beneficial owners will become substantial shareholders (as defined in the listing rules) as a result of the placing matters.
JNBY (03306) announced that all conditions stated in the placement agreement dated January 23, 2026 have been fulfilled, and the placement matters were completed on January 30, 2026 in accordance with the terms and conditions of the placement agreement. To the best of the Company's knowledge, no placing agent or its ultimate beneficial owner will become a major shareholder (as defined in the Listing Rules) as a result of the placement matters. A total of 14.535 million shares of placement shares have been successfully placed by the placement agent to not less than six placing agents at a placement price of HK$18.78 per share, equivalent to approximately 2.80% of the total number of shares issued as at the date of the placement agreement; and approximately 2.73% of the total number of shares issued after the completion of the placement matters.