V&V Technology issues HK$22.8 million rights shares after under-subscribed offer

• V & V Technology Holdings’ 1-for-2 rights issue became unconditional on July 13.
• Valid acceptances covered 51,329,580 rights shares; excess applications sought 2,121,578 shares; total demand 53,451,158 shares, or 73.5%.
• Issue under-subscribed by 21,351,575 shares; excess applications accepted in full, subject to pro-rata scale-down to keep public float at 25%.
• Gross proceeds HK$ 22.8 million; net proceeds HK$ 22 million.
• Fully-paid rights shares expected to start trading July 21; post-issue shares outstanding 196,117,411.

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. V & V Technology Holdings 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-20260717-12247643), on July 17, 2026, and is solely responsible for the information contained therein.