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ABBISKO-B Places Shrs at 8.35% Discount to Raise HKD522.5M
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ABBISKO-B (02256.HK) announced that it had entered into a placing agreement with an exclusive placing agent to place 42.9 million new shares at HKD12.18 per share, representing approximately 6.37% of the total issued share capital as at the date of this announcement and approximately 5.99% of the enlarged total issued share capital upon completion of the placing. The placing price per share represents a discount of approximately 8.35% to the closing price of HKD13.29 on the previous trading day.

The gross proceeds from the Placing are expected to be approximately HKD522.5 million in aggregate, and the net proceeds (after deducting the commissions and estimated expenses) from the Placing are expected to be approximately HKD517.3 million in aggregate.

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