IMPERIUM TEC GP (00776): 154 million shares under the placing have been successfully allocated.
The Imperial Technology Group (00776) announced that on August 12, 2026 (Wednesday) at 4:00 PM (the deadline for accepting subscription shares and payment), the company received a total of 13 valid applications for a total of 69.6539 million subscription shares, accounting for approximately 31.10% of the total subscription shares available for purchase in the rights issue.
IMPERIUM TEC GP (00776) announced that on August 12, 2026 (Wednesday) at 4:00 PM (the deadline for accepting subscription shares and making payment), the company received a total of 13 valid applications for a total of 69.6539 million subscription shares, which accounts for approximately 31.10% of the total subscription shares available for subscription. Based on the results of the valid acceptances and applications mentioned above, the total number of unsubscribed subscription shares subject to the compensation arrangement is 154 million. The company has made a compensation arrangement in accordance with the Listing Rules section 7.21(1)(b) by entering into a placement agreement with the placing agent, under which the company has conditionally appointed the placing agent, and the placing agent has conditionally agreed to act as the companys placing agent to procure the subscribers for the unsubscribed subscription shares based on reasonable efforts in accordance with the terms of the placement agreement.
On August 26, 2026 (Wednesday) at 4:00 PM (the deadline for placing unsubscribed subscription shares), 154 million subscription shares under the placement have been successfully placed to no fewer than six subscribers at a price of HKD 0.19 per share (equivalent to the subscription price). Therefore, under the compensation arrangement, there are no net proceeds available for distribution to shareholders who do not take action.
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