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Pacific Legend says rights issue draws 49.5% subscriptions; 149,165,934 shares unsubscribed

PUBT·04/16/2026 04:19:23
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Pacific Legend says rights issue draws 49.5% subscriptions; 149,165,934 shares unsubscribed
  • Pacific Legend Group reported 3 valid acceptances for 146,413,816 rights shares under its 1-for-2 rights issue, equal to 49.5% of 295,579,750 offered shares.
  • Unsubscribed rights shares totaled 149,165,934, representing 50.5% of offered shares.
  • Compensatory arrangements will place unsubscribed shares to independent placees on a best-effort basis by 4:00 p.m. on April 23, 2026 at not less than subscription price.
  • Any unsubscribed shares not placed will not be issued, reducing size of rights issue.
  • Results announcement, including placing outcome, is scheduled for May 4, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Legend Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260416-12107572), on April 16, 2026, and is solely responsible for the information contained therein.

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