Shenzhen Han's CNC Technology (03200): Fully exercise the over-allotment option, stabilize the price movement, and the stabilization period ends.
Da Zhou CNC (03200) announced that the oversubscription rights mentioned in the prospectus have been fully exercised by the sponsor and overall coordinator (on behalf of itself and international underwriters) on March 5, 2026, involving a total of 7,567,700 H shares, accounting for approximately 15.0% of the total number of shares available for subscription under the global offering (before the exercise of any oversubscription rights). The oversubscribed shares will be distributed and issued by the company at a price of HK$95.80 per H share. The oversubscribed shares will be used to assist in delivering some H shares to subscribers who have agreed to delay the delivery of their subscribed shares under the global offering. In addition, the stabilizing period for the global offering ended on March 5, 2026.
Shenzhen Han's CNC Technology (03200) announced that the excess rights issue as stated in the prospectus has been fully exercised by the sponsor and overall coordinator (for themselves and on behalf of international underwriters) on March 5, 2026, involving a total of 7.5677 million H shares, representing approximately 15.0% of the total number of shares available for subscription under the global offering (before the exercise of any excess rights). The excess shares will be issued by the company at a price of HK$95.80 per H share. The excess shares will be used to assist in delivering a portion of H shares to consenting subscribers who have agreed to extend the delivery of their subscribed shares under the global offering. Furthermore, the stabilisation period of the global offering ended on March 5, 2026.
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