Huizhu technology (01729.HK) completed the issuance of 21.7334 million shares of consideration shares.

date
03/12/2025
Wisdom Finance APP news, Huiju Technology (01729.HK) announced that all preconditions stipulated in the purchase agreement have been met and the delivery has been completed on December 3, 2025. According to the purchase agreement, part of the consideration will be paid to the seller by the company within twenty (20) business days after the completion date in the form of consideration shares issued and credited to the seller. The issue price of the consideration shares shall be calculated based on the average closing price per share as reported by the Stock Exchange in the thirty (30) consecutive trading days prior to the completion date. Therefore, according to the purchase agreement, a total of 21.7334 million shares of consideration shares will be issued and issued to the seller at an issue price of HK$15.184 per share. The consideration shares represent approximately 1.11% of the company's issued share capital before completion and approximately 1.10% of the company's issued share capital after the issuance and expansion of consideration shares.