Ev Dynamics Holdings Limited (00476) announced in a statement that at 4:00 PM on Thursday, September 12, 2024, it has received a total of 9 valid acceptances and applications, involving a total of 25.5777 million shares of the rights issue, which is equivalent to approximately 1.84% of the total number of shares available for subscription under the rights issue.
Ev Dynamics Holdings Limited (00476) announced in a statement that at 4:00 PM on Thursday, September 12, 2024 (the deadline for acceptance), the company has received a total of 9 valid acceptances and applications, involving a total of 25.5777 million shares of the rights issue, which is equivalent to approximately 1.84% of the total number of shares available for subscription under the rights issue.
On the record date, there were five ineligible shareholders, and the number of unsold shares by ineligible shareholders was 1149 shares. Based on the results of the aforementioned valid acceptances and applications, the total number of unsold shares and ineligible shareholders' unsold shares under the compensation arrangements should be 1.366 billion shares of the rights issue. As disclosed in the above, the company has made compensation arrangements pursuant to Clause 7.21(1)(b), by entering into a subscription agreement with the placing agent, and the company has conditionally appointed the placing agent, and the placing agent has conditionally agreed to act as placing agent for the company, to use its best efforts to encourage the placees to subscribe for the unsold shares and the ineligible shareholders to sell their unsold shares in accordance with the terms of the subscription agreement.