BANKOFJIUJIANG (06190) plans to issue a total of 494.2 million shares of domestic shares.
Jiujiang Bank (06190) announced that on June 18, 2026, the Bank entered into domestic shares subscription agreements with the Jiujiang Municipal Finance Bureau and no less than 6 other domestic subscribers. The domestic subscribers conditionally agreed to subscribe, and the Bank conditionally agreed to issue a total of 494.2 million domestic shares at a subscription price of RMB 7.29 per share (equivalent to approximately HKD 8.38), with a total cash consideration of RMB 3.6027 billion (equivalent to approximately HKD 4.1435 billion).
BANKOFJIUJIANG (06190) announced that on June 18, 2026, the bank entered into domestic share subscription agreements with the Finance Bureau of Jiujiang City and no less than 6 other domestic share subscribers. The domestic share subscribers conditionally agreed to subscribe, and the bank conditionally agreed to issue a total of 494.2 million domestic shares, at a subscription price of RMB 7.29 per share (equivalent to approximately HKD 8.38), with a total cash consideration of RMB 3.6027 billion (equivalent to approximately HKD 4.1435 billion).
The domestic share subscription is part of the issuance, authorized by the shareholders at the bank's extraordinary general meeting, domestic share category shareholders' meeting, and H share category shareholders' meeting held on February 28, 2026. The funds raised from the domestic share subscription, after deducting related issuance expenses, will be used to supplement the bank's core Tier 1 capital.
According to the domestic share subscription agreement signed between the bank and the Finance Bureau of Jiujiang City, the Finance Bureau conditionally agreed to subscribe, and the bank conditionally agreed to issue a total of 68.58 million domestic shares, at a subscription price of RMB 7.29 per share (equivalent to approximately HKD 8.38).
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