Denox Environmental agrees HK$24.33 million share subscription from chairlady Zhao Shu at HK$0.14 each

• Denox proposed a specific-mandate share subscription of 177,853,320 new shares to chairlady Zhao Shu at HK$ 0.14 per share.
• Cash proceeds set at HK$ 24.33 million; net proceeds estimated at about HK$ 23.33 million.
• Issue represents 30% of existing share capital; stake of Zhao, her vehicle Advant Performance, and concert parties rises to 59.33% from 47.13%.
• Transaction structured as a connected transaction; independent shareholders to vote at an EGM on Aug. 21, 2026.
• Whitewash waiver sought to avoid a mandatory general offer obligation triggered by the resulting control increase.

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. Denox Environmental & 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-20260731-12263138), on July 30, 2026, and is solely responsible for the information contained therein.