Luxxu Group launches placing of 43,130,880 shares at HK$ 0.5 each

• Luxxu Group entered a best-efforts placing to sell up to 43,130,880 new shares at HK$ 0.5 each.
• Deal size HK$ 21.6 million gross; about HK$ 20.8 million net; placing agent Black Marble Securities takes a 3% commission.
• Shares equal 20% of existing share capital; 16.67% on an enlarged basis; placed to at least six independent investors.
• Net proceeds earmarked mainly for repayment of bond payables, with the balance for general working capital.
• Completion hinges on Stock Exchange approval to list the new shares; long-stop date set for June 26, 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. Luxxu Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260604-12190617), on June 04, 2026, and is solely responsible for the information contained therein.