Distinct Health (02677): Partial exercise of oversubscription rights, stabilization action and end of stabilization period.

date
21:19 05/03/2026
avatar
GMT Eight
Zhuo Zheng Medical (02677) announced that the oversubscription rights as stated in the prospectus have been partially exercised by the joint sponsors and overall coordinators (on behalf of themselves and the international underwriters) on March 5, 2026, involving a total of 196,100 shares, representing approximately 4.13% of the total number of shares available for subscription under the global offering before the exercise of oversubscription rights. The company will issue and distribute oversubscribed shares at a price of HK$59.90 per share. The oversubscribed shares will be used to facilitate the delivery of shares to investors who have agreed to delay the delivery of their subscribed shares under the global offering. In addition, the stabilization period related to the global offering ended on March 5, 2026.
Distinct Health (02677) announced that the oversubscription rights as stated in the prospectus have been partially exercised by the joint sponsors and overall coordinators (on behalf of themselves and the international underwriters) on March 5, 2026. A total of 196,100 shares have been exercised, accounting for approximately 4.13% of the total number of shares available for subscription under the global offering before the exercise of oversubscription rights. The company will issue and distribute the oversubscribed shares at a price of HK$59.90 per share. The oversubscribed shares will be used to facilitate the delivery of shares to investors who have agreed to defer the delivery of their subscribed shares under the global offering. In addition, the stabilizing price period related to the global offering ended on March 5, 2026.