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LEPU BIO-B Places H-shrs at ~11% Discount to Raise HKD460M+ Net
2025-07-04 08:46:43
LEPU BIO-B (02157.HK) has announced that it entered into an agreement with placing agents on July 4 to place up to 93.825 million new H-shares at a placing price of HKD5.02 per share, a discount of about 10.99% to the previous closing price of HKD5.64.

The size of the placing shares represents around 5.36% and 5.2% of the entire issued H-shares and the entire issued share capital as enlarged.

On the assumption that all placing shares are fully placed, the aggregate gross proceeds from the placing are expected to be HKD471 million, and the aggregate net proceeds are expected to be around HKD463 million.
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