Chifeng Jilong Gold Mining (06693): Fully exercise the over-allotment option, stabilize price actions and end of stabilization period.
06/04/2025
GMT Eight
Chifeng Jilong Gold Mining (06693) announced that the oversubscription rights as stated in the prospectus for the share offering have been fully exercised by the Joint Coordinators (on behalf of themselves and the international underwriters) on April 4, 2025. This involves a total of 30.8478 million H shares, equivalent to approximately 15% of the initial offer shares available for subscription under the global offering before the exercise of oversubscription rights.
The oversubscribed shares will be issued and distributed by the company at a price of HK$13.72 per H share. The oversubscribed shares will be used to facilitate the delivery of H shares to subscribers who have agreed to delay the receipt of their subscribed H shares under the global offering.
Furthermore, the stabilization period for the global offering has ended on April 4, 2025 (i.e. the 30th day after the deadline for submission of the Hong Kong public offering application).