JAKOTA CAPITAL (01468) plans to sell up to 347 million shares with a premium of approximately 12.36%, raising approximately HK$34 million.

JAKOTA CAPITAL (01468) announces that on March 9, 2026, the company plans to allot and issue up to 347 million shares for sale, equivalent to 20% of the total issued share capital as of the date of this announcement; and after the completion of the allotment and issuance of the shares for sale, the company's total issued share capital is expected to be approximately 16.67%. The sale price for each share is 0.1 Hong Kong dollars, representing a premium of approximately 12.36% over the closing price of 0.089 Hong Kong dollars per share on March 9. Assuming all 347 million shares for sale are successfully allocated, the total amount raised from the sale is estimated to be approximately 34.74 million Hong Kong dollars. The net proceeds from the sale are expected to be around 34 million Hong Kong dollars. The company plans to allocate approximately 16 million Hong Kong dollars to repay loans; around 14 million Hong Kong dollars to repay corporate bonds; and approximately 4 million Hong Kong dollars to supplement the group's operating capital to support ongoing business operations, including daily operating and administrative expenses, and to enhance its securities activities (including margin financing, underwriting, and lending services).