JAKOTA CAPITAL (01468) is planning to carry out a share capital restructuring.

JAKOTA CAPITAL (01468) announces that the company proposes to implement a stock restructuring, which includes share consolidation, reduction of share capital, and share subdivision as follows: The board of directors proposes to carry out a share consolidation, with a basis of consolidating every 5 shares of issued and unissued shares with a par value of HK$0.10 each into 1 share of consolidated shares with a par value of HK$0.50. The board of directors also proposes that following the implementation of the share consolidation, the reduction of share capital and share subdivision will be carried out, including: (i) cancelling the paid-up share capital of HK$0.40 per share of consolidated shares to reduce the issued share capital of the company, resulting in a reduction of the par value of each issued consolidated share from HK$0.50 to HK$0.10; and (ii) following the reduction of share capital, each legal but unissued consolidated share with a par value of HK$0.50 will be subdivided into 5 shares with a par value of HK$0.10 each. Shares are currently traded in units of 10,000 shares on the Stock Exchange of Hong Kong. After the implementation of the share consolidation, the trading unit of consolidated shares will remain unchanged at 10,000 shares per unit.