MANYCORE TECH (00068): Fully exercising the over-allotment options.
Manycore Tech (Stock code: 00068) announced that the sponsor and overall coordinator (on behalf of itself and the international underwriters) have fully exercised the excess allocation rights as described in the prospectus on April 20, 2026 (Monday), involving a total of 24.0925 million shares, representing approximately 15% of the total number of shares initially available for subscription under the global offering (before exercising the excess allocation rights).
MANYCORE TECH (00068) announcement, the company announced that the sponsor and overall coordinator (for itself and on behalf of international underwriters) has exercised in full the additional allocation rights as described in the prospectus on April 20, 2026 (Monday), involving a total of 24.925 million shares, accounting for approximately 15% of the total preliminary offer shares available for subscription worldwide (before exercising the additional allocation rights).
The additional allocated shares will be issued and allocated by the company at a price of HK$7.62 per share (i.e. the offer price per share under the global offering, excluding 1.0% brokerage commission, 0.0027% SFC transaction fee, 0.00565% HKEX trading fee, and 0.00015% SFC trading fee). The additional allocated shares will be used to facilitate the return of 24.925 million borrowed shares under the stock borrowing agreement dated April 15, 2026 between Wintermatch International Limited and J.P. Morgan Securities plc for the purpose of supplementing the excess allocation under the international offering.
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