CATL (03750.HK): Fully exercises oversubscribed rights issue

Financial news from Tencent Finance app: CATL (03750.HK) announced that the overall coordinator (representing international underwriters) will fully exercise the oversubscription rights as stated in the prospectus on May 20, 2025, involving a total of 20.33 million H shares, accounting for approximately 15.0% of the total number of shares available for subscription under the global offering (after exercising the overallotment option but before any exercise of oversubscription rights). The H shares (oversubscription shares) to be issued as a result of the exercise of oversubscription rights will be distributed and issued by the company at a price of HK$263.00 per H share. The oversubscription shares will be used to facilitate the delivery of some H shares to the underwriters, who have agreed to postpone the delivery of the H shares subscribed as part of the global offering.